Kirkuk-Baniyas oil pipeline

Iraq and Syria signed a deal to rehabilitate the Kirkuk-Baniyas oil pipeline, aiming to bypass the Strait of Hormuz as part of a US-brokered agreement. The US ambassador to Turkey and Syria envoy, Tom Barrack, led efforts, with initial reporting by Middle East Eye followed by major international news outlets.

Iraq and Syria signed a US-brokered agreement to rehabilitate the Kirkuk-Baniyas oil pipeline, aiming to bypass the Strait of Hormuz. The project, led by a consortium including Chevron and TI Capital, is described as a strategic infrastructure priority by the US State Department.