Iraq eyes Türkiye, Syria pipeline to curb Strait of Hormuz reliance

AI Summary

Iraq is accelerating plans for an oil pipeline through Turkey and Syria to reduce its dependence on the Strait of Hormuz amid ongoing export disruptions. The pipeline aims to connect Iraqi oil fields to Mediterranean ports to facilitate alternative export routes.

Iraq is speeding up plans for an oil pipeline to Mediterranean ports in Türkiye and Syria as the prolonged blockade of the Strait of Hormuz continues to disrupt exports, according...