Reports Confirm UAE's Purchase of Millions of Barrels of Iraqi Oil at Discounted Prices

dijlahpoint - International press reports indicated that a major UAE energy company has purchased millions of barrels of Iraqi crude oil at discounted rates through its trading arms. The reports noted that the company acquired the barrels over recent months with discounts ranging from $24.90 to $27 per barrel, amid disruptions in global oil supplies due to regional tensions. The company topped the list of major buyers of Iraqi crude via the national oil marketing company, although export restrictions and supply challenges affected the final volume of scheduled shipments.

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Reports Confirm UAE's Purchase of Millions of Barrels of Iraqi Oil at Discounted Prices

admin
16 Sep 2026
1 min read