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15.07.26 - 20:15
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Iraqi Militia Vows To Disrupt Any Future Iraq-Syria Oil Pipeline: US ′Stealing Our Oil′ (ZeroHedge)
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Iraqi Militia Vows To Disrupt Any Future Iraq-Syria Oil Pipeline: US 'Stealing Our Oil'
Via The Cradle
US and Iraqi officials are set to conclude a major energy deal as part of Prime Minister Ali al-Zaidi's visit to Washington this week, according to Iraqi officials cited by AP Wednesday.
"An agreement is slated to be signed Friday between Iraq, US companies Chevron and TI Capital, and Qatar's UCC for construction of an oil pipeline that will connect southern Iraq's Basra to western Iraq's Haditha," the officials said.
via Reuters
The pipeline is meant to extend from Haditha to Turkiye's Ceyhan port and the port of Baniyas in Syria.
The details of the reported agreement were not discussed publicly during meetings between Zaidi and US President Donald Trump in the Oval Office on Tuesday. Neither the US president nor the Iraqi premier mentioned the deal. AP referred to it as a “significant energy deal.”
A senior Trump administration official said later on 14 July that W...
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15.07.26 - 04:27
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Great Rewiring: US Supports Iraq-Syria Oil Pipeline To Erode Tehran′s Hormuz Leverage (ZeroHedge)
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Great Rewiring: US Supports Iraq-Syria Oil Pipeline To Erode Tehran's Hormuz Leverage
President Trump's naval blockade of the Strait of Hormuz is set to take effect Tuesday at around 1600 ET, after Iran attacked several commercial vessels, declared the waterway "closed until further notice," and exchanged multiple rounds of missiles and suicide drones with US forces.
Yet, unlike the opening phase of the U.S.-Iran conflict, Hormuz remains partially open as Tehran's leverage continues to erode.
At the same time, there is a growing sense of urgency among U.S.-allied Gulf states to launch a generational infrastructure buildout - from new pipelines to coastal ports - designed to reduce their exposure to the maritime chokepoint and bypass Hormuz altogether.
Bloomberg reports that the US is backing talks to revive an oil pipeline from Iraq to Syria's Mediterranean coast, creating an export route that would entirely bypass the Hormuz chokepoint and, in turn, reduce Tehran's leverage ove...
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