A significant surplus of Iraqi crude oil, totaling over eight million barrels, continues to be held on tankers, awaiting delivery. This situation follows the clearing of a larger backlog exceeding 100 million barrels of both crude oil and petroleum products. The reasons for the ongoing delay in offloading the remaining eight million barrels are currently unspecified. This buildup suggests continued challenges in Iraq's oil export capacity or disruptions in global demand. The accumulation of oil on tankers incurs additional costs and logistical complications for Iraq. Iraqi authorities have not yet released a statement regarding a plan to address the remaining stranded crude. The issue highlights the volatility of the oil market and the logistical difficulties faced by major producers.