In America’s absence, China seizes Iraqi oil in September

In America’s absence, China seizes Iraqi oil in September

In Americas absence - China seizes Iraqi oil in SeptemberThe majority of Iraq’s seaborne crude oil exports went to Asian countries, with China, India, and South Korea accounting for the largest share in September, according to official figures.

The details of daily exports are as follows:

China: 1.106 million barrels per day, up 34,000 barrels per day from the same period last year.

India: 873,000 barrels per day, up 39,000 barrels per day compared to September 2024.

South Korea: 293,000 barrels per day, up 6,000 barrels per day from last year.

Meanwhile, European countries also recorded an increase in their imports of Iraqi oil, as follows:

Greece: 197,000 barrels per day, compared to 192,000 in September 2024.

France: Its imports jumped to 134,000 barrels per day, compared to 45,000 in the same month last year.

Iraqi oil exports continue to support the national economy and enhance Iraq’s role in global energy markets, with a clear focus on meeting growing demand from both Asian and European countries.

Shafaq.com

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