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The Economic Times

Economy / The Economic Times

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Iran allowed Iraqi tankers to pass through Hormuz Strait: state media

Tehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the past six months. Iran asserts control over the vital waterway, requiring permission and transit fees. Iraq relies on this strait for exporting the bulk of its crude oil.

22 Aug 2026 5:02 pm