Iraq’s foreign minister reports understandings on oil exports through Hormuz
Fuad Hussein says exports resumed after understandings with Washington and Tehran. His statement does not establish a general reopening of the strait.
Iraqi Foreign Minister Fuad Hussein said his country resumed oil exports through the Strait of Hormuz after reaching understandings with the United States and Iran. The remarks appear in Al Jazeera’s original account of his interview on 7 November 2026; a new Reuters report on 8 November carries his statement about understandings with the United States.
What the minister says
According to Reuters, Hussein described a shipping lane near Oman for Iraqi exports. In the original interview, he estimated Iraq’s losses from the interruption of exports through Hormuz at about $60 billion. This is an estimate attributed to the minister, rather than an independently audited economic assessment.
Limits of the announcement
The available evidence concerns the Iraqi minister’s statements about understandings. It does not include a published signed text setting out detailed terms, dates or implementation guarantees. It does not establish a general reopening of the strait to all vessels or the lifting of all restrictions.
The distinction matters for energy flows: the ability to conduct particular Iraqi exports does not establish that safety along the route has been fully restored. Maritime guidance in force must be considered separately from diplomatic statements.
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