Iran has granted permission for several Iraqi oil tankers to navigate the Strait of Hormuz, according to a Reuters report, as part of a selective easing of restrictions amid ongoing disruptions from the Iran-U.S. confrontation. The move indicates cooperation rather than escalation in this critical maritime corridor and may signal a temporary reduction in regional tensions. Iraq has been among the countries most affected by the effective closure of the waterway, with traffic remaining significantly below pre-war levels and ships facing attacks. Iraq produced around 4 million barrels of oil per day before the Iran war. The special approvals followed repeated requests from Baghdad, including during Iranian parliament speaker Mohammad Baqer Qalibaf’s visit to Iraq, and Iraqi President Nizar Amedi described the issue as complicated while noting ongoing facilitation of oil shipments. Baghdad is working to expand exports through Turkey’s Ceyhan port and begin shipping via Syria’s Baniyas port and Jordan’s Aqaba port. Market pricing suggests the likelihood of U.S. fees on Hormuz passage may decrease, reflecting a cooperative approach, while the situation remains fluid with attention on potential shifts in U.S. policy ahead of the August 31 deadline.