ADNOC Buys Millions of Barrels of Iraqi Crude
Abu Dhabi National Oil Company has purchased millions of barrels of discounted Iraqi crude through its trading arm. The acquisitions help boost Iraqi exports following severe disruptions caused by the ongoing war in Iran.
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Abu Dhabi National Oil Co has bought 72 million barrels of discounted crude from Iraq over August and September, emerging as the largest buyer amid supply disruptions driven by the conflict involving Iran, people familiar with the matter said on Monday.
