Iraq resumes southern oil exports after month-long halt due to Hormuz disruption

Iraq resumed southern oil exports on Friday after a halt of more than a month caused by disruptions to shipping through the Strait of Hormuz, with one tanker beginning to load crude, four energy sources said.

The Malta-flagged tanker Agios Fanourios I has anchored off Iraq's southern oil terminals and is set to load about two million barrels of Basra crude, Iraqi ports and energy sources said on Friday.

The vessel entered the Gulf via the Strait of Hormuz on Wednesday, in a second attempt to transit the waterway after being among several tankers that tried to enter on Sunday during the US-Iran ceasefire, the data showed.

The tanker is bound for Vietnam's Nghi Son refinery and is expected to load crude at Iraq's southern ports, according to shipping data and trade sources.

In addition to the Agios Fanourios I, another tanker is expected to arrive at Iraq's southern export terminals within two days, two oil terminal officials said.