Canada to launch new pipeline to cut US reliance

Canada announced a new oil pipeline project connecting Alberta province to the Pacific Coast, aiming to boost its oil exports to Asian markets and reduce dependency on the U.S. market. The project, with a capacity of one million barrels per day, will expand Canada's role as a major energy supplier as it seeks to diversify its sources amid tensions with Iran. Construction is expected to begin in September 2027, involving government participation and private sector partnerships.

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