How Iraq’s Bet On Pipeline Revival Could Help Bypass Hormuz – Analysis
12 Articles
12 Articles
As Trump explained, several pipeline projects are currently being developed in the region that could allow crude oil to reach international markets without going through the strait.
How Iraq’s Bet On Pipeline Revival Could Help Bypass Hormuz – Analysis
Key Takeaways:After Ali Al-Zaidi’s July 14 White House visit, deals cited at ~$60bn (energy, tech, health) as U.S. troops aim to leave Iraq by Sept. 30. Trump framed job-and-oil gains; Washington is backing a mothballed 850 km Kirkuk–Baniyas line (1952; ~300,000 b/d until 1982; wrecked in 2003) that Tom Barrack said could make Hormuz “an …
Trump said the Strait of Hormuz's role would diminish in the future as new pipelines and alternative oil routes in the Middle East come online.
President Donald Trump of the United States said that new pipelines and land routes in the Middle East could reduce world market dependence on the Strait of Ormuz.
US President Donald Trump called the six-month-long military clashes with Iran a "minor issue," while leaving open the possibility of further attacks on the Pickaxe Mountains, suspected of housing an Iranian nuclear facility.
US President Donald Trump has found a new solution to the oil crisis caused by the blockade of the Ormuz Straits.
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