Iraq and Syria revive oil pipeline to bypass Strait of Hormuz

📡 CNBC Top News · 1 min read ·
Iraq and Syria revive oil pipeline to bypass Strait of Hormuz
Iraqi Prime Minister Ali al-Zaidi is visiting the United States this week. He met with President Donald Trump at the White House on Tuesday. The visit comes as Iraq and Syria sign an agreement to restore a major oil pipeline. The pipeline would offer an alternative route for Iraqi oil exports, bypassing the strategic Strait of Hormuz.