Iraq Tendering for Two Oil Supertankers to Go Through Hormuz

Iraq is holding a tender to hire two or more oil supertankers to perform transits through the Strait of Hormuz, a step that would help to ensure the country’s crude...

By Khalid Al-Ansary and Salma El Wardany · Bloomberg Markets

Iraq is holding a tender to hire two or more oil supertankers to perform transits through the Strait of Hormuz, a step that would help to ensure the country’s crude exports while the waterway remains under military threat.