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Rerum Novarum // Intel, Breaking News, and Alerts 🇺🇸 Rerum Novarum // Intel, Breaking News, and Alerts 🇺🇸 @rnintel · 164K subscribers
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🇮🇶⚡️- "Totsa, the trading arm of TotalEnergies [French energy and petroleum company], is offering ​Iraqi crude for loading ‌outside the Strait of Hormuz, three traders said on Thursday, as ​continued disruption to shipping through ​the waterway deters buyers from ⁠lifting cargoes at Iraq's ​Basrah terminals.

Totsa offered Basrah Medium crude ​at a premium of close to $10 a barrel to Dubai quotes, two ​of the traders said." - Reuters.
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