Middle East
Syria· BāniyāsSyria to provide Iraq with new oil export route bypassing Strait of Hormuz
Syria is preparing to offer Iraq an overland route for crude oil exports, bypassing the Strait of Hormuz, with the first convoy expected by mid-October and discussions ongoing for restoring the Haditha-Baniyas pipeline.
Background
Iraq, a major oil producer, has historically sought diverse export routes to mitigate risks associated with the Strait of Hormuz, a critical but often volatile chokepoint for global oil shipments. Syria, emerging from a prolonged conflict, is looking to rebuild its infrastructure and economy, making cross-border energy cooperation a potential area for regional engagement.
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Syria and Iraq discuss new oil transit route bypassing Strait of Hormuz
First report 6h agoLast update 2h agoSyria and Iraq are finalizing an agreement for an overland oil transit route through Syria, which would allow Iraq to bypass the Strait of Hormuz, with initial shipments expected soon.
Syria to provide Iraq with new oil export route
First report 6h agoLast update 2h agoSyria is finalizing an agreement to provide Iraq with an overland route for oil exports to the Mediterranean, aiming to bypass the Strait of Hormuz.
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