Iraq is giving discount of up to 33 dollars on crude oil: Will have to pass through the Strait of Hormuz amid war; India is the third largest buyer of Iraqi oil
Iraq’s government oil company is giving a discount of up to $ 33.40 per barrel on its ‘Basra Medium’ crude. Currently its price is around $120 per barrel. According to Bloomberg report, this discount is for those buyers who want to load oil in May. However, to get this cheap oil, tankers will have to…