Deal with Chevron aims to rebuild a crude oil pipeline that runs from Iraq’s oil-rich Kirkuk to Syria’s Baniyas.
- Iraq has signed preliminary deals with Western oil firms, including Chevron, to revive a crude oil pipeline from Kirkuk to Syria's Baniyas.
- The agreement aims to establish an alternative oil export route, reducing reliance on the Strait of Hormuz.
- The deals, part of a broader US-Iraq business summit, also include energy, healthcare, and technology agreements worth over $60 billion.
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Tags: #iraq #chevron #syriapipeline #oilexport #straitofhormuz #energycorridor #crudeoil #spacex #starlink
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