Iraq — State Organization for Marketing of Oil & Iran

Iraq — State Organization for Marketing of Oil: Iraq — State Organization for Marketing of Oil (SOMO) previously denied any oil mixing operations in Iraq's ports or territorial waters to help Iran, following similar accusations against an Iraqi businessman last year.

Iran: Iran is accused of exploiting Iraqi oil to fund terrorism, with Ali Maarij Al-Bahadly allegedly facilitating the diversion of oil for its benefit. The United States is intensifying efforts to crack down on networks helping Iran bypass sanctions.

Iraq — State Organization for Marketing of Oil: The Iraq — State Organization for Marketing of Oil reported a drastic fall in Iraq's oil exports and revenues due to the Strait of Hormuz closure.