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Washington announces Iraqi-Syrian agreement to repair oil pipeline connecting the two countries
The United States announced an agreement between Iraq and Syria to rehabilitate the oil pipeline connecting the two countries, which had been closed for decades. The pipeline aims to transport Iraqi oil to the Mediterranean Sea for export, with a daily capacity of up to two million barrels of crude oil. This project represents an important step toward improving infrastructure and reducing dependence on the Strait of Hormuz, especially amid rising Iranian tensions and security situations in the region. It comes in the context of warming relations between Washington and Damascus, as well as Iraq's efforts to expand its oil export options.
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