65
Markets3h 16m ago

Iraq and Jordan are fast-tracking the $18 billion Basra-Aqaba pipeline to bypass the Strait of Hormuz.

Iraq, Jordan

Who
Iraq, Jordan
What
Iraq and Jordan are fast-tracking the $18 billion Basra-Aqaba pipeline to bypass the Strait of Hormuz.
When
Sat, 18 Jul 2026 14:14:01 GMT · 3h 16m ago
Where
Iraq, Jordan ·
Why
The US-Iran war is disrupting Gulf oil routes, exposing risks associated with the Strait of Hormuz.
The Frontline Impact

How this affects you

This infrastructure project aims to diversify Iraq's crude oil export routes, reducing reliance on the Strait of Hormuz and mitigating risks associated with geopolitical tensions in the Persian Gulf.

Story chain

2 events in this thread
  1. Currently Reading3h 16m ago
    Iraq and Jordan are fast-tracking the $18 billion Basra-Aqaba pipeline to bypass the Strait of Hormuz.
  2. Markets3h 16m ago
    Iraq and Jordan are fast-tracking the $18 billion Basra-Aqaba pipeline to diversify crude oil export routes.
    Open article

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