Iraq-Syria Pipeline To 'Bypass' Hormuz Likely To Take Four Years, $15BN To Build

zerohedge · 2026-08-18

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Iraq-Syria Pipeline To 'Bypass' Hormuz Likely To Take Four Years, $15BN To Build Via The Cradle Iraq's plan to build a pipeline to export oil through Syria and partially bypass the Strait of Hormuz ​will likely take four years to complete and cost $15 billion, Reuters reported on Monday. Iraq urgently seeks new outlets for its oil exports, which have plummeted since Iran closed the Strait of Hormuz in response to the US-Israel war on the Islamic Republic that started in February. via Axios In Ju

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