The Foreign Minister, Fouad Hussein, participated today, Tuesday, in the ninth session of the Paris Peace Forum, where he reviewed the implications of the closure of the Strait of Hormuz on global energy security.
The media office of the Ministry of Foreign Affairs stated in a statement received by the news agency video, that "Foreign Minister Fouad Hussein participated today, Tuesday, in the ninth session of the Paris Peace Forum, with wide participation from heads of state and government, foreign ministers, and a number of officials and international figures."
He added that "the minister attended a discussion workshop titled «Implications of the closure of the Strait of Hormuz and its reflections on global energy markets, which addressed the effects of the closure of the strait on oil, gas, and vital minerals supplies. In his intervention, he reviewed the challenges facing Iraqi oil exports due to the war and military operations in the Strait of Hormuz, and the implications of that on trade movement and global energy supplies."
He also addressed the available alternatives to ensure the continuity of oil exports, foremost among which is diversifying export routes and expanding oil pipeline networks through other countries, which contributes to reducing the repercussions of regional crises and enhancing energy security."