Iraq looking at options in case Gulf oil route cut: spokesman

Iraq looking at options in case Gulf oil route cut: spokesmanIraq is looking at contingency plans in case spiralling US-Iran tensions cut off its oil exports through the Gulf, a ministry spokesman said Monday, as observers warned a rupture would be “disastrous”. The US has accused Iran of attacking two oil tankers last week in the Gulf of Oman, sparking concerns that global shipments through the key waterway could be threatened. Iraq, the second-largest oil producer among the Organization of the Petroleum Exporting Countries (OPEC), is drawing up an action plan in case of further escalation, according to oil ministry spokesman Assem Jihad.



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