iraq

Serbia shifts oil imports from Iraq to Kazakhstan, reducing dependence on Strait of Hormuz

Until this year, Serbia primarily imported most of its oil from Iraq, but the import structure has shifted significantly in 2025. According to data from the Ministry of Mining and Energy provided to Danas, Kazakhstan has become the largest supplier, accounting for nearly 60 percent of Serbia's oil imports, followed by Nigeria and Guyana. The share of Iraqi oil has decreased notably. Last year, Iraqi oil made up about 42 percent of total imports, with Kazakhstan supplying 33 percent and…