BUSINESSQUARTZ
Chevron is signing preliminary deals to invest in Iraqi oil fields and bypass the Strait of Hormuz
Chevron is signing preliminary, non-binding deals to invest in two major Iraqi oil fields and a pipeline consortium aimed at reviving a long-dormant route to the Mediterranean, bypassing the Strait of Hormuz.
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Adjacent reporting
- Chevron weighs new Iraqi oil pipeline to avoid Strait of Hormuz during Iran war
- Chevron and Iraq seek to bypass Strait of Hormuz with Syria pipeline
- BP, ConocoPhillips to back Iraq with major investments as U.S. seeks to weaken Iran's energy hold
- Oil pipelines around the Strait of Hormuz won't end the threat Iran poses to Middle East crude exports