Economic expert Dr. Safwan Qusay says Iraq is looking at several alternatives to make up for reduced oil exports caused by regional security tensions and disruptions tied to U.S. military movements and maritime escalation.
He said the government is working to boost exports through oil tankers, fuel oil, and naphtha shipments, while also using additional regional tankers and modifying Iraqi trucks to support export operations.
Qusay noted that around 20,000 private-sector trucks could help keep exports moving, especially if regional tensions do not drag on into next month.
He also said Iraq is watching for continued strength in oil prices, which could help offset revenue losses caused during the period of conflict.
According to Qusay, the focus is on keeping exports flowing while using higher oil prices to help cushion the financial impact.
