Iraq and Syria have signed an agreement to restore an oil pipeline that could give Iraqi crude an additional path to global markets outside the Strait of Hormuz. The move points to a renewed effort to strengthen regional energy links and reduce reliance on one of the world's most sensitive shipping corridors.
The agreement was signed Friday during a Chamber of Commerce summit, according to the report. Reviving the pipeline would create an alternative export route for Iraq at a time when governments and energy markets remain focused on supply security and the risks tied to maritime chokepoints.
The development also comes as Iraqi Prime Minister Ali al-Zaidi visits the United States this week. He met President Donald Trump at the White House on Tuesday, adding broader diplomatic attention to Iraq's energy strategy and international partnerships.
Key details about the pipeline's timeline and full scope were not immediately clear from the report. Still, the agreement highlights Baghdad's interest in diversifying oil export options while reopening a cross-border energy link with Syria.
