Iraq and Syria Sign Agreement to Restore Oil Pipeline as Alternative to Strait of Hormuz
Iraq, the second-largest OPEC oil producer, has signed an agreement with Syria to restore a pipeline from northern Iraq to Syria's Mediterranean coast. The pipeline could provide an alternative route for exporting Iraqi crude amid disruptions in the Strait of Hormuz due to U.S.-Iran tensions.
Topics: energy infrastructure Iraq OPEC Strait of Hormuz Syria