Iraq reportedly resumes Southern Oil exports after month-long halt due to Strait of Hormuz disruption, one tanker begins loading, according to four energy sources cited by Reuters

Iraq's resumption of Southern oil exports after a month-long disruption is a significant development in the oil market, particularly given the critical role the Strait of Hormuz plays in global oil supply. This could ease upward pressure on WTI prices and reflects a recovery in regional logistics, which may influence broader energy market dynamics and geopolitical risk perception.