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America's first Syrian-imported fuel oil
The United States has for the first time begun importing Iraqi fuel oil shipped via Syria, as part of a new export route established after trade routes in the Gulf were disrupted due to war and the closure of the Strait of Hormuz. Quantities of fuel oil were loaded at the Syrian port of Baniyas on three oil tankers during June and July, with some of it discharged in the Bahamas and the rest along the U.S. Gulf Coast. This reflects Iraq and Syria's strategy to diversify export sources and reduce reliance on the Strait of Hormuz route. This move marks the first shipments of fuel oil departing from Syria to the United States, at a time when Iraq is seeking to expand this approach to include crude oil and naphtha exports, following disruptions in the maritime sector caused by war and regional tensions.
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