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medium conflictVERIFIED

Iraq has reached understandings with US to allow oil exports through Hormuz, minister says

Verified: 2 outlets have reported this story since Nov 8.

📍 Strait of Hormuz, IR·🕐 4h ago·2 outlets

Nov 8 (Reuters) - Iraq has reached understandings with the United States to allow Iraqi oil exports through the Strait of Hormuz via a shipping lane near Oman, Foreign Minister Fuad Hussein said in an interview with Al Jazeera. He said Iraq's losses from the Iran war and disruptions to oil exports had reached $60 billion. Iraq's oil exports recovered in October after a sharp drop the previous month. Exports rose to about 3.5 million barrels per day from 2.65 million bpd in September, according to Iraqi energy officials.

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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Reliability
90%

Very high · How we score this

Risk Score
medium risk