Over $30 a barrel discount, but…: Iraq cuts crude oil prices, if buyers are willing to transit Strait of Hormuz to collect it

May 5, 2026 - 17:00
 0  0
Over $30 a barrel discount, but…: Iraq cuts crude oil prices, if buyers are willing to transit Strait of Hormuz to collect it
Shipping through the Strait of Hormuz has been severely disrupted since the conflict escalated toward the end of February, and renewed clashes between the US and Iran on Monday have raised fresh concerns.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0