Institutional analysis of the impact of Iran's exemption on Iraq's oil exports

The independent investment research platform HFI Research stated that the impact of Iran's exemption on Iraq's crude oil exports will depend on the situation. First, the fully loaded oil tankers stranded at Iraqi ports must be able to depart and unload their cargo. Second, empty tankers must be able to pass through the Strait of Hormuz for loading operations. Iraq's onshore storage facilities need to be emptied first to facilitate production recovery. If crude oil production resumes, it is expected that 3.4 million barrels per day of crude oil output will be released, but it is estimated to take approximately 6-8 weeks to restart production. Overall, the impact on oil prices is bearish. (The above views are for reference only and do not constitute investment advice)#Gate广场四月发帖挑战