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Iraq Resumes Oil Exports Amid Iranian Blockade Crisis

4/19/2026

46 11 Full Breakdown

Summary

Story summary

80% of Iraq's oil exports collapsed due to the Iranian blockade of the Strait of Hormuz.
Iraq now exports oil via the Kurdistan Region and Syria.
The Syrian Petroleum Company began loading Iraqi fuel oil at Baniyas terminal, the first export since December 2024.
The al-Tanf and al-Waleed border crossings have reopened, allowing Iraqi oil tankers to enter.
Iraq plans to supply 650,000 metric tons of fuel oil monthly through this route.

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Story summary

80% of Iraq's oil exports collapsed due to the Iranian blockade of the Strait of Hormuz.
Iraq now exports oil via the Kurdistan Region and Syria.
The Syrian Petroleum Company began loading Iraqi fuel oil at Baniyas terminal, the first export since December 2024.
The al-Tanf and al-Waleed border crossings have reopened, allowing Iraqi oil tankers to enter.
Iraq plans to supply 650,000 metric tons of fuel oil monthly through this route.