An Iraq Business News excerpt of reporting by Francesca Washtell for AGBI says Iraqi oil exports have recovered to roughly seven-tenths of their pre-war level. It attributes the recovery to increased shuttle transfers through the Strait of Hormuz and to analysts’ assessment that Iran has tolerated some shipments.
The account points to continued dependence on passage through Hormuz despite recovering exports. Its wider significance concerns export security and relations with Iran. The excerpt alone does not establish how durable the recovery is.
This summary is based on the published excerpt. The full AGBI article was not available for review; the reported estimate has not been independently verified by Iraq Business Desk.