The term 'South Iraqi Oil Port' refers to the port of BASRA, located in Iraq. BASRA is a major port city located on the Shatt al-Arab waterway, which connects the Persian Gulf to the Tigris and Euphrates rivers. It is the largest port in Iraq and serves as a major hub for the export of oil from Iraq's southern oil fields. BASRA is also an important commercial center, with many businesses and industries located in the city.