Breaking Geopolitics News & AnalysisMonday, August 17, 2026
US PoliticsNorth America

Iraq oil pipeline plan would take years to build, cost billions: Report

The Hill
August 17, 2026 at 8:45 PM
3 views
Iraq oil pipeline plan would take years to build, cost billions: Report

An Iraqi plan to develop a pipeline that would export oil through Syria and avoid future disruptions in the Strait of Hormuz is expected to take four years to reconstruct, likely costing at least $15 billion, Reuters reported Monday, citing two sources with knowledge of the project. Those sources told Reuters the plan would take…

An Iraqi plan to develop a pipeline that would export oil through Syria and avoid future disruptions in the Strait of Hormuz is expected to take four years to reconstruct, likely costing at least $15 billion, Reuters reported Monday, citing two sources with knowledge of the project. Those sources told Reuters the plan would take…