Iraq-Syria Pipeline to Bypass Hormuz Could Be Revived Within 3 Years

Iraq-Syria Pipeline to Bypass Hormuz Could Be Revived Within 3 Years By Tsvetana Paraskova of OilPrice An old Iraq-to-Syria oil pipeline that bypasses the Strait of Hormuz could be up and running within three years, a senior Syrian official has said. The Hormuz crisis that cut off most of Iraq’s crude oil exports has accelerated plans by Iraq and Syria to rebuild a damaged oil pipeline to ship crude oil from the Iraqi fields in Kirkuk to Syria’s Mediterranean coast. The compl...

By Tyler Durden