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Markets3h 21m ago

Iraq and Jordan are fast-tracking the $18 billion Basra-Aqaba pipeline to diversify crude oil export routes.

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Iraq, Jordan

Who
Iraq, Jordan
What
Iraq and Jordan are fast-tracking the $18 billion Basra-Aqaba pipeline to diversify crude oil export routes.
When
Sat, 18 Jul 2026 14:14:01 GMT · 3h 21m ago
Where
Iraq, Jordan ·
Why
The project aims to bypass the Strait of Hormuz due to risks exposed by the US-Iran war disrupting Gulf oil routes.
The Frontline Impact

How this affects you

This diversification of export routes could reduce Iraq's reliance on the Strait of Hormuz, potentially stabilizing its oil exports and impacting global oil supply dynamics.

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2 events in this thread
  1. Markets3h 21m ago
    Iraq and Jordan are fast-tracking the $18 billion Basra-Aqaba pipeline to bypass the Strait of Hormuz.
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  2. Currently Reading3h 21m ago
    Iraq and Jordan are fast-tracking the $18 billion Basra-Aqaba pipeline to diversify crude oil export routes.

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