The ministry stated it is continuing to monitor the situation and engage with market participants.

Iraq has sought alternative routes for oil exports amid the ongoing blockade of the Strait of Hormuz.

Russian officials report that more than 250 metric tons of sunflower oil were dispatched to Myanmar in January 2026, although independent verification of these specific shipment figures is currently limited. This reported transfer highlights ongoing commercial exchanges between the two nations during the specified period.

The U.S. president stated that the United States has achieved a military victory over Iran. These claims have not been independently verified.