Iraq is moving quickly to secure its oil exports after Iran allowed Iraqi shipments to pass freely through the Strait of Hormuz, reducing fears of disruption along one of the world’s most important oil routes.
The country’s state oil marketer, SOMO, has asked its customers to submit their crude oil lifting schedules within 24 hours.
The move is aimed at keeping exports stable and avoiding delays as the situation in the region remains uncertain.
In a document cited by Reuters, SOMO urged buyers to send their loading plans without delay.
The company said early submission will help organize shipping schedules and ensure all contract volumes are delivered on time.
SOMO also confirmed that all major export facilities are working normally.
This includes the Basrah Oil Terminal and other key loading sites, which remain fully operational.
The company said it is fully ready to carry out all export programs without any limits.
The development could help Iraq increase its oil output, which has dropped to around 800,000 barrels per day during the ongoing conflict involving the United States, Israel, and Iran.
The Strait of Hormuz is a key route for global oil supply, and any easing of pressure in the area can have a major impact on energy markets.
Iraq’s quick action shows its effort to remain steady and reliable in a tense global situation.
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