AMERICA BECOMES A “MAJOR EXPORTER” OF OIL FOR THE FIRST TIME SINCE WORLD WAR II

 AMERICA BECOMES A “MAJOR EXPORTER” OF OIL FOR THE FIRST TIME SINCE WORLD WAR II

Reuters reported on Thursday that America has become a “major exporter” of oil for the first time since World War I due to events in the Middle East and disruptions to crude supplies through the Strait of Hormuz.

Reuters reported that the United States almost became a net exporter of crude oil last week for the first time since World War II, as shipments jumped to near-record highs to meet demand from Asian and European buyers rushing to make up for Middle East supplies disrupted by the Iran war.

The war being waged by the United States and Israel against Iran has led to the biggest ever disruption in the global energy market, and Iranian threats to maritime navigation have blocked about one-fifth of the world’s oil and gas supplies from passing through the Strait of Hormuz.

Asian and European refiners that had relied on supplies from the region scrambled to find alternative shipments from anywhere possible, leading to a sharp increase in demand for oil from the United States, the world’s largest producer.

Analysts and traders say the United States is rapidly approaching its maximum export capacity.

Net crude imports, or the difference between imports and exports, fell to 66,000 barrels per day last week, the lowest level recorded in weekly data going back to 2001, according to U.S. government data released Wednesday.

Exports rose to 5.2 million barrels per day, the highest level in seven months.

According to the data, the United States has not been a net exporter of crude oil since 1943, on an annual basis.

Countries such as Greece have purchased American crude oil for the first time ever in the past few months.

Kepler ship-tracking data shows a tanker carrying 500,000 barrels of crude oil is en route to Türkiye, marking the first U.S. export to that country in at least a year.

Meanwhile, imports to the United States fell by more than 1 million barrels per day to 5.3 million barrels per day last week. The United States still imports a significant amount of crude oil because its refineries are designed to process heavier crudes than the light sweet crude it produces.

Matt Smith, an analyst at Kpler, predicted that US exports would reach approximately 5.2 million barrels per day in April.

Traders and analysts say the United States could export up to six million barrels per day, citing limited pipeline capacity and tanker availability.

Shafaq.com

FRANK26: ADIOS CC HIGHLIGHTS VIDEO

🚨 Highlights: Iraq “Deleting the Three Zeros” Discussion (Video Summary)

• 🇮🇶 The plan to remove three zeros from the Iraqi dinar (IQD) has been discussed and delayed for over a decade.
• 💱 Redenomination explained:
• 1,000 IQD → 1 new IQD
• Purchasing power remains the same
• It is not a revaluation
• 
  
• 🏦 Official narrative claims:
• Project still in planning stages
• No new banknotes printed
• No timeline or public rollout announced
• No change in real currency value
• 
  
• ⚠️ Speaker’s claims (controversial):
• Lower denomination notes already printed
• Project is more advanced than reported
• Officials may be misleading the public
• 
  
• 🏛️ Political dynamics:
• Al Sudani expected to maintain power
• Maliki faction losing influence
• Ongoing tensions within the Coordination Framework
• 
  
• 🌍 U.S. influence (as stated in video):
• U.S. sanctions on Iranian-aligned groups
• Claims that U.S. pressure impacts Iraq’s monetary policy
• Suggestion that leadership alignment affects political survival
• 
  
• 📊 Public sentiment:
• Growing frustration over delays
• Expectations of currency reform remain high
• Risk of protests if promises are not met
• 
  
• ⏳ Timeline reality:
• No confirmed date for redenomination
• Project remains unimplemented
• 
  
• 🧠 Core message:
  • “Deleting the zeros” = technical currency change
  • Does not increase value
  • Surrounded by political debate and speculation

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🔥 Quick Takeaway

The discussion centers on redenomination (not revaluation), ongoing delays, political tensions, and conflicting narratives about how advanced the project really is.

MILITIAMAN: IRAQ DINAR UPDATE-FOCUS-REER UPDATE: Momentum is Building-Political Clean up & Economic Resilience

 

A $55 BILLION PROJECT TO BYPASS THE STRAIT OF HORMUZ… AND IRAQ IS AT THE HEART OF THE PLAN WITH COMMENTS OF MNT GOAT

A $55 BILLION PROJECT TO BYPASS THE STRAIT OF HORMUZ… AND IRAQ IS AT THE HEART OF THE PLAN

(Mnt Goat: I have to remind everyone the Kim Clement prophecy about three (3) new sources of energy that will come about. One from the sky, one from the land and one from the ocean. Is this bypass pipeline every really going to come about? Is God going to bring this newer energy sources to use any time soon or will it be much later? God also just recently told he is going to divert much of the oil from the Arab countries to the U.S. and Israel. Yes, many middle eastern well will simply begin to dry up…wow! Let’s see how this will play out in the near future.)

Gulf states, including Iraq, are considering building an alternative oil pipeline network to bypass the Strait of Hormuz, at an estimated cost of $55 billion, amid escalating geopolitical risks, according to an analysis published by Reuters.

The analysis indicates that imposing fees on tanker transit, even at limited levels, could constitute a significant financial burden on oil producers, prompting them to seek long-term alternatives that reduce dependence on this vital corridor.

Iraq stands out as a pivotal element in the project, as the plan includes the construction of two pipelines extending from its south through Kuwait and Saudi Arabia, reaching ports on the Arabian Sea, such as the port of Duqm and the port of Salalah, which would allow the export of oil directly to Asian markets without passing through Hormuz.

Despite the project’s cost, the analysis suggests it may be economically viable, as it roughly equals the potential revenue over approximately 25 years, and it also gives countries in the region, including Iraq, greater flexibility in exporting oil and reduces risks associated with maritime routes.

The project is also expected to be jointly financed by the beneficiary countries, with the cost distributed according to the volume of use, while implementation may take several years, which means continued reliance on the Strait of Hormuz in the near term.

Shafaq.com

MILITIAMAN 🚨 Iraq Update 2026: Government Formation, Economic Reforms & “Delete the Zeros” Momentum

🇮🇶 Iraq 2026: Political Breakthroughs and Economic Transformation Accelerate

A recent update (April 2026) from analyst commentary highlights a rapidly evolving situation in Iraq, where political restructuring and economic reforms are advancing simultaneously.

According to the report, Iraq is entering a critical transition phase involving:

• Government formation progress
• Banking and financial system reform
• Trade route diversification
• Continued discussion around currency modernization (“Delete the Zeros”)

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🏛️ Political Update: Government Formation Nearing Critical Deadline

🧭 Key developments:

• Iraqi Parliament elected Nazir Alamidi as President (April 11, 2026)
• Constitutional timeline now requires the president to task a prime minister candidate within 15 days
• Deadline window points toward approximately April 26, 2026

The political focus is now shifting toward:

👤 Prime Minister Race

• Al Sudani is emerging as the leading candidate
• Coordination Framework supports fast nomination
• Some resistance remains from hardline factions led by Nouri al-Maliki

📊 However, momentum appears to be moving toward moderate political continuity rather than disruption.

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🛢️ Economic Expansion: Iraq Strengthens Trade & Oil Infrastructure

While politics continues, Iraq’s economic system is advancing independently.

🔄 Key economic developments:

• Reopening of parts of the Strait of Hormuz commercial flow
• Expansion of Cyan and Banat pipelines
• Development of alternative export routes through Turkey and Saudi Arabia
• Upgrades to port infrastructure including Port of Thaw
• Growth of TIR land transport routes for international trade

📈 These changes aim to reduce Iraq’s dependency on vulnerable maritime chokepoints and strengthen export resilience.

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🏦 Banking & Financial Reform Acceleration

Iraq is also pushing forward with structural financial improvements:

• Ongoing electronic salary payment system (3–4 months stable use)
• Progress in auditing and restructuring Rafidain and Rasheed banks
• Support from international firms (e.g., Ernst & Young)
• Formation of specialized customs systems with Kurdish integration
• Increasing non-oil revenue contributions

👉 These steps point toward a more digitally unified and transparent financial system.

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💱 “Delete the Zeros” Project: Quiet but Persistent Reform

The “Delete the Zeros” initiative continues to surface in discussions.

📌 What it represents:

• Potential currency redenomination
• Simplification of large currency values
• Long-term monetary restructuring concept

However:

• No official implementation date confirmed
• Limited formal political announcements
• Still considered a technical reform discussion, not an active policy execution

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📊 Speculative Analysis: What This Could Mean for Iraq Long-Term

🧭 1. Political stability supports economic confidence

If government formation stabilizes under a unified leadership structure:

• Policy execution becomes smoother
• Foreign investment confidence improves
• Institutional reforms accelerate

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💡 2. Trade diversification reduces external risk

By expanding pipelines and land routes:

• Iraq reduces dependency on single chokepoints
• Oil export stability increases
• Revenue flows become more predictable

📈 This strengthens macroeconomic resilience.

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🏦 3. Banking reforms = foundation for modernization

Audits, digital salaries, and customs unification suggest:

• A move toward centralized financial transparency
• Improved fiscal control
• Better integration between regions

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💱 4. Currency reform narrative (long-term angle)

In a bullish interpretation:

• Financial modernization + trade stability
• • internal currency system improvements
• = potential groundwork for future monetary adjustments

📊 However, this remains structural and long-term, not immediate.

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⚖️ Important Reality Check

Even with all these developments:

• Government formation ≠ currency revaluation
• Infrastructure upgrades ≠ guaranteed currency value change
• Banking reforms ≠ immediate FX impact

👉 These are foundational reforms, not direct valuation triggers.

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🧠 Key Insight

Iraq is simultaneously stabilizing its political structure and modernizing its economic system, creating a long-term foundation for financial resilience.

The most important takeaway is system building, not immediate monetary outcome.

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💬 Q&A 

❓ What is happening with Iraq’s government in 2026?

Iraq is in the final stages of forming a new government, with constitutional deadlines pushing toward late April 2026.

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❓ Who is likely to become prime minister?

Al Sudani is currently viewed as the leading candidate, supported by major parliamentary blocs.

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❓ What is the “Delete the Zeros” project?

It refers to a proposed currency redenomination concept aimed at simplifying Iraq’s currency structure.

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❓ Is Iraq improving its economy?

Yes. Iraq is expanding trade routes, modernizing banking systems, and increasing non-oil revenues.

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🔥 Featured Snippet 

Iraq is undergoing simultaneous political and economic transformation in 2026, including government formation progress, banking reforms, and trade diversification. While the “Delete the Zeros” project is being discussed, it remains a long-term monetary concept rather than an active currency change.

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🚀 Hashtags

#Iraq2026 #IraqiDinar #IraqEconomy #GovernmentFormation #AlSudani #MiddleEastNews #ForexUpdate #DinarNews #EconomicReform #DeleteTheZeros #BankingReform #OilMarkets #GlobalFinance #IraqUpdate #PoliticalNews

MILITIAMAN

Summary of Video Content

This video provides a detailed update on the political and economic situation in Iraq as of mid-April 2026, focusing on developments over the past 48 to 72 hours. The presenter, Militia Man, offers insights into the ongoing government formation process, economic resilience efforts, and strategic moves impacting Iraq's infrastructure and trade routes.

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Key Insights and Updates

• Political Momentum and Government Formation:

  • The political landscape is sharpening toward government formation, with significant progress seen in the last 72 hours.
  • On April 11, 2026, the Iraqi Parliament elected Nazir Alamidi as president, completing the first constitutional step.
  • The president has up to 15 days from that election to task the nominee of the largest parliamentary bloc to form a new government, placing a constitutional deadline around April 26, 2026.
  • The focus has now shifted predominantly to the prime minister nomination, with Al Sudani emerging as the clear front runner.
  • The Coordination Framework and major parliamentary blocs have committed to nominating the prime minister "as soon as possible."
  • Nouri al-Maliki and his hardline faction continue to resist, issuing boycott threats and conditions, but appear to be losing influence.
  • The ongoing Sudani vs. Maliki dynamic represents a tug of war between moderate continuity and hardline resistance, with moderate voices gaining ground.

• Economic and Logistical Resilience:

  • Economic efforts continue quietly but strongly in the background, focusing on diversification, digitalization, and trade facilitation.
  • The Strait of Hormuz is reportedly beginning to reopen for commercial traffic, easing a critical choke point and benefiting Iraq's southern exports.
  • Iraq has been actively working on alternative export routes and infrastructure, including:
    • Expansion and retrofitting of the Cyan Pipeline and the Banat Pipeline.
    • Development of land routes (TIR shipments) through Turkey into Saudi Arabia, establishing alternative corridors.
    • Upgrades at the Port of Thaw and other port facilities.
  • These diversification efforts are intended to reduce Iraq’s dependency on vulnerable chokepoints like Hormuz and strengthen long-term resilience.

• Institutional and Financial Developments:

  • Continued progress in electronic salary transfers for government employees, now consistent for the third to fourth consecutive month, reflecting deeper fiscal unification.
  • Formation of a specialized customs team for the Kurdistan Region, including a Kurdish language interface, advancing customs unification between Kurdistan and Baghdad.
  • Banking sector reforms are underway, with Rashid and Rafidain banks approaching completion of audits and cleanups, supported by external firms like Ernst & Young.
  • Non-oil revenue growth is notable, bolstering economic stability beyond traditional oil income.
  • Major international oil companies (e.g., Chevron, BP) are engaging with Iraq, signaling growing global institutional alignment.
  • The "Delete the Zeros" project, aimed at currency redenomination or reform, is gaining media attention, although official political statements remain limited.

• Outlook and Conclusion:

  • Despite political noise and regional turmoil, Iraq’s economic reforms and trade diversification are advancing steadily, independent of political resolution.
  • The political environment appears to be moving toward resolution, with the government formation deadline approaching and broad parliamentary participation expected.
  • The combination of political progress and economic resilience provides a positive outlook for Iraq’s stability and growth.
  • The presenter emphasizes the importance of watching these developments closely as they unfold and encourages community engagement for further updates.

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Timeline of Events

Date	Event Description
April 11, 2026	Iraqi Parliament elects Nazir Alamidi as president of the republic.
April 11-26	President Alamidi has up to 15 days to task largest parliamentary bloc’s nominee to form government.
April 17, 2026	Growing political momentum toward prime minister nomination, with Al Sudani as front runner.
April 17, 2026	Coordination Framework announces nomination of prime minister "as soon as possible."
Within 48 hrs	National State Forces Alliance plans meeting with Al Sudani to discuss his second term.
Recent Days	Reports of Strait of Hormuz reopening for commercial traffic begin.

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Definitions and Concepts

Term/Project	Definition/Description
Coordination Framework	Parliamentary coalition coordinating government formation efforts and prime minister nomination.
Delete the Zeros Project	Planned currency reform aiming to redenominate or simplify currency units (details not officially confirmed).
TIR Shipments	International road transport system facilitating cross-border trucking logistics through alternative routes.
Cyan Pipeline	Oil export pipeline providing diversification away from Strait of Hormuz dependency.
Specialized Keta Team	Customs team with Kurdish language interface working toward customs unification between Kurdistan and Baghdad.

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Quantitative Data

Indicator	Details
Government formation deadline	April 26, 2026 (approximate)
Prime Minister nomination window	Up to 15 days after April 11, 2026
Oil export target via pipelines	1 to 2 million barrels per day
Salary electronic transfers	3-4 consecutive months successfully processed

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Core Concepts

• Political progress is entering a critical phase, with constitutional deadlines driving government formation.
• Al Sudani is the favored candidate for prime minister, with broad bloc support despite resistance from hardline factions.
• Economic diversification and infrastructure upgrades continue apace, reducing reliance on vulnerable export chokepoints.
• Financial system reforms and digitalization efforts are strengthening fiscal stability and unifying the economy.
• Iraq’s integration into the global financial and trade system is advancing, supported by international companies and trade reforms.
• The political and economic processes are moving somewhat independently, with economic resilience not waiting on political resolution.

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Keywords

• Iraq government formation
• Nazir Alamidi
• Al Sudani
• Nouri al-Maliki
• Strait of Hormuz reopening
• Cyan pipeline
• Economic diversification
• Customs unification
• Delete the zeros project
• Electronic salary transfers
• TIR shipments
• Banking reforms
• Institutional alignment

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This summary reflects the video’s content accurately without extrapolation, highlighting the interplay between Iraq’s political developments and economic reforms as of April 2026.