Iraq diversifies crude oil exports via $18 billion Jordan pipeline as US-Iran war exposes risks of Hormuz


Iraq and Jordan are working to accelerate the long-awaited Basra-Aqaba pipeline, a massive $18 billion project aimed at transporting Iraqi crude oil through Jordanian territory to the Red Sea port of Aqaba, bypassing the Strait of Hormuz entirely. A decades-old project became urgent due to the realities of the US-Iranian war, Iraqi Prime Minister Ali Faleh al-Zaidi and the Jordanian Foreign Ministry

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