US, Iraq, and Syria plan Mediterranean pipeline deal to bypass Strait of Hormuz

Crypto Briefing·Jul 11, 2026·2 sources·neutral

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US, Iraq, and Syria plan a Mediterranean pipeline deal to bypass the Strait of Hormuz, reshaping regional energy dynamics.

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JUST IN: U.S.-backed plans are reportedly underway for a Syria–Iraq pipeline carrying oil to the Mediterranean, sidestepping the Strait of Hormuz.