Iraqi Foreign Minister Fouad Hussein said in an interview with the Al-Jazeera channel that was broadcast on Sunday, November 8: "Iraq's losses due to the war with Iran and the disruption of oil exports have reached 60 billion dollars." He also added: "The US Treasury asked Baghdad to close all the border crossings with Iran, with the exception of two crossings."
He added that Iraq and the US reached an understanding regarding the passage of the country's oil shipments through the Strait of Hormuz through a shipping lane near Oman.