Iraq exports 21 million barrels of fuel oil via Syria; Egypt and Saudi Arabia among importers
Iraq's fuel oil exports via Syria totaled 21.4 million barrels from March to August 2026, following the closure of the Strait of Hormuz. The exports increased gradually, peaking at 5.91 million barrels in August. Spain was the largest importer with 3.81 million barrels, followed by the Netherlands, Egypt, South Korea, and China.
Why it matters: This development illustrates the theme of energy trade disruptions and alternative export routes in the context of geopolitical conflicts.