Every story we've covered involving vessel-logistics.
Vitol has purchased at least 25 million barrels of Iraqi crude for September loading, becoming Iraq's second-largest buyer behind ADNOC as Baghdad offers steep discounts to keep exports moving through the Strait of Hormuz. Iraq's State Oil Marketing Organization (SOMO) offered September cargoes at discounts of $15 to $20.80 per barrel to official selling prices, with some trading sources reporting even larger markdowns.
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