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Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources say

Most Iraqi crude exports transit the strait, and the disruptions have caused storage capacity to reach its limits. Grouped from 2 articles across 2 sources.

2 reports2 sourcesMar 20, 2026, 7:57 PM
FilterThe Straits Times
Clustered coverageCNBC, The Straits Times
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The Straits TimesMar 20, 2026, 7:57 PM

Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources say

Most Iraqi crude exports transit the strait, and the disruptions have caused storage capacity to reach its limits.

CNBCMar 20, 2026, 7:54 PM

Oil prices top $112 after Iraq declares force majeure, Kuwait refineries attacked

Oil prices rose Friday even after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian crude stored aboard tankers.

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