- Global news includes the Federal Reserve raising interest rates, intense fighting in Southern Lebanon, and negotiations concerning oil movement through the Strait of Hormuz.
- Oil exports are dependent on stability through the Strait of Hormuz, which Iraq utilizes for its logistics.
- Iran war disrupts main Gulf oil export routes, forcing Iraq to seek alternative transit through Syrian territory and utilize SOMO for international sales.
- Iran's Strait of Hormuz closure is forcing the development of bypass corridors utilizing infrastructure in Iraq, Syria, and Egypt, threatening Israeli trade.
TotalEnergies is planning pipelines to transport Iraqi oil, seeking an exploration contract with its counterpart in Syria as an alternative to the Strait of Hormuz.
3 reports, 3 independent
Updated Jul 8
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
TotalEnergies is planning pipelines to transport Iraqi oil, seeking an exploration contract with its counterpart in Syria as an alternative to the Strait of Hormuz.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Amid the Hormuz blockade, the US is pushing for high-level oil pipeline deals to route Iraqi commodity imports through Syrian ports.Sub-event
- Syria is emerging as a key energy export hub, utilized by Iraq as a transit point for energy flows.Sub-event
- A pipeline cooperation agreement was signed between Iraq and Syria to connect Iraqi oil fields to the Syrian coast.Sub-event
- Iraq and Syria are restoring an oil pipeline, with the US overseeing the international consortium for the project.Sub-event
- Iraq is developing new pipeline routes from Basra to Turkey and Syria, while the US prepares to withdraw troops and seeks investment.Sub-event
TotalEnergies seeks contract with Syrian counterpart to use Syria as an Iraqi oil transit route.1 source
Keep exploring
Part of
Iran's Strait of Hormuz closure is forcing the development of bypass corridors utilizing infrastructure in Iraq, Syria, and Egypt, threatening Israeli trade.Also in this story
- The US-Israeli war on Iran has led to disruptions in trade flows.
- Donald Trump views Syria as a strategic bypass for energy routes, which are proposed to pass through Iran-backed militia territory.
The entities involved
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TotalEnergies
French multinational energy and petroleum company
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Iraq
sovereign state in Western Asia
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Syria
country in West Asia
Related events
- Syrian Petroleum Company imports petroleum products into Syria.
- Kpler aggregates Middle East oil flows, showing increased transit through Hormuz from Iraq, Kuwait, UAE, Qatar, Oman, and Saudi Arabia.
- Iraq started exporting fuel oil from Syria’s Baniyas port.
- Deepening ties between Türkiye, Iraq, and Syria across security, energy, trade, and infrastructure sectors.
- TotalEnergies, ExxonMobil, and Shell are actively pursuing various oil and gas projects in Nigeria.