An aerial view shows Iraqi crude oil being prepared for export from Syria's Baniyas port refinery via pipelines to maritime tankers waiting off the coast of the Mediterranean Sea on April 15, 2026. Iraq has begun exporting crude using tanker trucks through Syria, its oil ministry said, as an official said oil revenue last month dropped more than 70 percent compared to February. More than a month into the Middle East war that has wrought havoc on energy markets, Iraq has been particularly impacted as oil exports account for some 90 percent of its budget revenues. Until Iranian attacks and threats all but shut the Strait of Hormuz in revenge for US-Israeli strikes, Iraq exported the majority of its oil through the strategic waterway. (Photo by Bakr ALkasem / AFP via Getty Images)