Iraq And Syria Sign Oil Transport Agreement
Baghdad and Damascus have signed an contract to facilitate oil transport. Hundreds of tanker trucks are now crossing through Syria to reach a refinery on the Syrian coast. The agreement aims to open new routes for oil circulation and export. This development follows discussions regarding maritime circulation in the Strait of Hormuz. The agreement aims to establish new routes for oil exports, which are critical to the Iraqi economy. This agreement is considered essential for Baghdad, as the Iraqi economy depends on oil exports for 90% of its revenue. The last recorded oil flows through this Syrian route occurred in the early 2000s. One worker reported that the closure of the Strait of Hormuz caused seven weeks of technical unemployment due to the inability to work.
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Sources · 7 independent
RTBF La Premiere
“un contrat inédit a été signé entre Baghdad et Damas des centaines de camions citernes, traversent désormais la Syrie jusqu'à une raffinerie sur la côte militaire anéenne.”
RTBF La Premiere
“L'accord est essentiel pour Bagdad, dont l'économie dépend à 90% de ses exportations pétrolières. Il rouvre un itinéraire à l'arrêt depuis plus de 20 ans.”
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