Iraq begins HSFO shipments to Syria amid Strait of Hormuz closure

Summary

The Syrian Petroleum Company started loading Iraqi high sulfur fuel oil onto an Aframax tanker at the port of Banias. Iraq plans to truck up to 650,000 tons per month to Syria, with the al-Waleed border crossing reopened for the first time in over 11 years. The Asahi Princess tanker is set to load 85,000 tons of fuel oil.

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