Iraq launches crude-loading option via Oman to bypass Gulf choke points

BAGHDAD, Iraq — Iraq has begun giving oil buyers the option to take delivery of its crude through Oman, establishing a loading route outside the Gulf. The Oil Ministry said the alternative has taken effect and has been formally communicated to purchasing companies. The new channel is intended to reduce Iraq's reliance on existing Gulf terminals at a time when tanker movements through the region face recurring security threats. Iraqi authorities have said the arrangement will help preserve revenues and keep export commitments on schedule during periods of disruption. Officials framed the move as part of a wider export strategy that runs alongside planned expansions at the Basra refinery and increases in production capacity. The ministry added that buyers will be able to use the Oman route to maintain delivery schedules if Gulf crossings are interrupted. No further operational details, including volumes or specific terminals involved, were immediately available.