U.S. Backs Iraq-Syria Oil Pipeline to Bypass the Strait of Hormuz

AI Summary

The US supports Iraq and Syria's plan to rebuild the Kirkuk-Baniyas oil pipeline, which will transport crude oil to Syria's Mediterranean coast while bypassing the Strait of Hormuz. This project aims to reduce Iran's influence over Hormuz traffic and involves expected participation from US companies.

The United States supports plans by Iraq and Syria to rebuild a damaged oil pipeline that would carry crude from Kirkuk to Syria’s Mediterranean coast and bypass the Strait of Hormuz. The U.S. backs the Iraqi and Syrian efforts to rebuild the Kirkuk-Baniyas oil pipeline and diminish Iran’s potential to disrupt Hormuz traffic in the future, an official at the U.S. State Department told Reuters. The United States also expects U.S. companies to play a role in the reconstruction of the Kirkuk-Baniyas oil route, according to reports. The…