BlokchainB

Iraq and Syria signed an agreement Friday to rebuild an 

 that would provide an alternative to the Strait of Hormuz.

The pipeline stretches from Kirkuk in northern Iraq to Syria’s Mediterranean coast with a nameplate capacity of 700,000 barrels per day, according to the U.S. 

. It has been closed since it was damaged during the U.S. invasion of Iraq in 2003.

Iraq, the second-largest oil producer in OPEC, has suffered heavily from the disruption to tanker traffic in the Strait of Hormuz during the U.S.-Iran war. Baghdad is reliant on its southern port city of Basra on the Persian Gulf due to limited pipeline options to bring its oil to global markets.

news

Construction_and_Engineering

econ

https://www.cnbc.com/2026/07/17/iran-war-iraq-syria-oil-pipeline-strait-hormuz.html

>Iraq and Syria signed an agreement Friday to rebuild an [oil pipeline](https://www.cnbc.com/2026/07/16/oil-pipeline-iran-strait-hormuz-red-sea-iraq-uae-saudi.html) that would provide an alternative to the Strait of Hormuz.

>The pipeline stretches from Kirkuk in northern Iraq to Syria’s Mediterranean coast with a nameplate capacity of 700,000 barrels per day, according to the U.S. [Energy Information Administration](https://www.eia.gov/international/analysis/country/IRQ/background). It has been closed since it was damaged during the U.S. invasion of Iraq in 2003.

>Iraq, the second-largest oil producer in OPEC, has suffered heavily from the disruption to tanker traffic in the Strait of Hormuz during the U.S.-Iran war. Baghdad is reliant on its southern port city of Basra on the Persian Gulf due to limited pipeline options to bring its oil to global markets.