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Iraq-Syria Pipeline To 'Bypass' Hormuz Likely To Take Four Years, $15BN To Build
Iraq-Syria Pipeline To 'Bypass' Hormuz Likely To Take Four Years, $15BN To Build
Via The Cradle
Iraq's plan to build a pipeline to export oil through Syria and partially bypass the Strait of Hormuz will likely take four years to complete and cost $15 billion, Reuters reported on Monday.
Iraq urgently seeks new outlets for its oil exports, which have plummeted since Iran closed the Strait of Hormuz in response to the US-Israel war on the Islamic Republic that started in February.
via Axios
In July, Baghdad exported only 35.5 million barrels through its Basra ports via...
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