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State Organization for Marketing of Oil

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Situations

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Strait of Hormuz: Naval mines and military escalation

35 clusters · 1073 sources · last updated

Latest: Oil prices rise amid Middle East tensions and U.S. diesel policy shifts

Tensions in the Strait of Hormuz have escalated into direct military confrontation following the rejection of a reopening plan by U.S. President Donald Trump. The Islamic Revolutionary Guard Corps (IRGC) has deployed nav

[ACTIVE] [BUSINESS] [IQ] [SY] [TR]

Iraq oil production and economic impact of Hormuz crisis

16 clusters · 62 sources · last updated

Latest: Iraq seeks Syrian overland route to bypass Strait of Hormuz

Iraq is adjusting its oil production and export strategies in response to a crisis in the Strait of Hormuz caused by US-Israel strikes on Iran. Initially, reports indicated that Iraqi oil exports had dropped from 3.4 mil