dijlahpoint - Economic expert Nabil Al-Marsoumi explained on Wednesday, September 2, 2026, that the increase in Iraq's crude oil exports to 2.340 million barrels per day reflects the success of "SOMO" in overcoming the repercussions of the Strait of Hormuz closure crisis. In a press statement, Al-Marsoumi indicated that this rate represents about 71% of the total oil exports Iraq was achieving before the crisis, serving as clear evidence of the national oil marketing company's resilience and ability to adapt to sudden challenges through the implementation of calculated pricing and discount policies. He praised the new mechanism adopted in shipping operations, which relies on using smaller oil tankers to transport cargoes and then remarketing them outside the strait at competitive prices, contributing to the enhancement of the state's sovereign revenues.