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2026-04-06 09:51:17
[Iraq's SOMO Requires Customers to Submit Crude Oil Shipment Plans Within 24 Hours After Iran Waives Transit Restrictions] (1) A document shows that after media reports that Iran had waived all transit restrictions for Iraq through the Strait of Hormuz, the Iraqi National Oil Marketing Organization (SOMO) has required customers to submit crude oil shipment plans within 24 hours. (2) SOMO stated that to ensure the continuity and stability of crude oil export operations, it urges customers to submit shipment plans within 24 hours to facilitate timely processing of delivery arrangements (including tanker nominations and contract volumes) and full compliance with agreed terms and conditions. (3) SOMO reiterated that all loading terminals, including the Basra Oil Terminal (BOT) and related facilities, remain fully operational and are fully prepared to execute all contractual delivery plans without any restrictions.
