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The United States has backed a new agreement between Iraq and Syria to rehabilitate an oil pipeline, which aims to provide an alternative route for crude oil exports. The project is expected to have an initial capacity of 2 million barrels per day and is part of efforts to reduce reliance on the Strait of Hormuz.
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The United States has backed a new agreement between Iraq and Syria to rehabilitate an oil pipeline, which aims to provide an alternative route for crude oil exports. The project is expected to have an initial capacity of 2 million barrels per day and is part of efforts to reduce reliance on the Strait of Hormuz.
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US backs Iraq-Syria oil pipeline bypassing Strait of Hormuz
US Supports Iraq-Syria Oil Pipeline Agreement