Syria and Iraq Plan Oil Pipeline to Bypass Hormuz Strait Amid Tensions
Syria and Iraq have signed agreements to rebuild a historic oil pipeline between the two countries, aiming to bypass the strategic Hormuz Strait. The pipeline, originally constructed in 1952 and shut down since the U.S. invasion of Iraq in 2003, is expected to have a capacity of about 2 million barrels of crude oil per day. This development comes amid ongoing tensions in the Hormuz Strait, a critical chokepoint for global oil shipments, exacerbated by the conflict between the U.S. and Iran. The project is seen as a strategic move to establish Syria as a key player in the energy market, leveraging improved relations with the U.S. under interim President Ahmad al-Sharaa. 
