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Iraq

Industry News
Source: شفق نيوز

Iraqi Line Resumes UAE Commercial Shipping Service via Jebel Ali

Iraq's cargo ship Basra has arrived at Umm Qasr Port carrying containers from the UAE, marking the resumption of the Iraqi Line's commercial shipping service after decades. The direct route connects Jebel Ali Port to Iraq, aimed at expanding maritime freight options between the two nations. According to official Iraqi data, the UAE represents Iraq's third-largest non-oil import source after China and Iran.

China–UAE News
Source: South China Morning Post

China Gulf Oil Imports Forecast to Near Pre-War High as Shipments Rebound

China's crude oil imports from the Gulf rose 25.7 percent month on month to 13.8 million tonnes in September, marking a third consecutive monthly increase. According to Kpler, shipments from the region are projected to surpass 5 million barrels per day in October, nearing pre-conflict levels. The rebound follows domestic inventory drawdowns and active bidding by Chinese refiners for crude from Abu Dhabi, Saudi Arabia, and Iraq.

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