Iraqi Foreign Minister: Oil exports through the Strait of Hormuz have resumed, following losses of approximately $60 billion due to the strait's closure
Iraqi Foreign Minister Fuad Hussein stated in an interview with Al Jazeera that oil exports through the Strait of Hormuz have resumed following understandings reached with Washington and Tehran. He revealed that Iraq had previously suffered losses of approximately $60 billion due to the suspension of oil exports through the strait. Furthermore, he pointed out that the current situation indicates the potential for a new war to break out in the region, mentioning that Washington has formally requested the closure of all Iranian border crossings except for two.
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