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US envoy negotiates reopening Iraq-Syria oil pipeline to bypass Strait of Hormuz
Interfax·US · IQ · SY·2 days ago
Chevron is nearing a deal to secure Iraqi oil assets and a pipeline route designed to bypass the Strait of Hormuz, facilitating direct exports to the Mediterranean. The project aims to mitigate geopolitical risks associated with the Persian Gulf chokepoint, though the specific terms and timeline remain unconfirmed.
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