Reuters reports that Iraq's state oil marketing company SOMO has set significant discounts for May oil cargoes, offering Basrah Medium and Basrah Heavy crude at discounts of $26 to $33.40 and about $30 per barrel respectively, due to the blockage of the Strait of Hormuz caused by conflicts with the Islamic Republic.

Anonymous SubmissionRey, Tehran

@اتاق خبر منوتو: Reuters has reported that Iraq has set significant discounts for May oil cargoes, at a time when the Strait of Hormuz is largely blocked due to conflicts with the Islamic Republic. According to the r

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