Iraq transfers one million barrels of oil outside Hermez for the first time since decades
The headline indicates a new oil movement/export flow involving Iraqi crude and a route outside the bottleneck at Hormuz.
Source →The trace
How it reaches your house.
Starting from Canadian crude oil imports, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Canadian crude oil imports →Stands to benefitIraq is a small but real source of Canadian crude oil imports, and improved Iraqi crude shipping flexibility should benefit Iraq as an exporter.
57% confidenceHop 2
Iraq →supply upIraq's first notable oil transfer outside Hormuz should modestly increase crude oil feedstock availability by adding a non-chokepoint export route, though Iraq's quoted share is only 4%.
81% confidenceHop 3
Crude Oil Feedstock →supply upCrude oil feedstock is a critical input to gasoline and diesel, so a new non-Hormuz crude flow should raise refined-product availability.
77% confidenceCrude Oil Feedstock →supply upMore crude oil feedstock should support higher heating-oil output because this edge is a fully critical input link.
75% confidenceHop 4
Gasoline and diesel →supply upCrude Transportation — Pipeline & Marine
A new Iraqi oil movement route outside Hormuz directly eases the crude transport chokepoint, increasing transportation availability.
83% confidenceGasoline and diesel →supply upBecause gasoline and diesel depend entirely on crude oil feedstock, bypassing the Hormuz bottleneck should increase feedstock availability for refining.
77% confidenceHome heating oil →supply upIraq’s new non-Hormuz oil flow adds physical crude barrels to the refinery feedstock that underpins home heating oil production, easing that input constraint.
Where it lands
What you buy, and what you own.
Goods you buy
Gasoline and diesel · Home heating oil
Companies you may own
No named companies on this path.
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