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Iraq and Syria signed memoranda of understanding to restart the Kirkuk–Banyas pipeline, which transports Iraqi oil to Syrian ports on the Mediterranean Sea. This move aims to rehabilitate one of the most important oil transit routes in the region and to strengthen economic and energy cooperation between the two countries. It is part of broader efforts to rehabilitate energy infrastructure and connect production sources to export outlets, with the goal of reaching an operational capacity of two million barrels per day. This would enhance energy security and position Syria as a key regional transit hub. The pipeline had previously ceased operation due to security and political challenges; the new agreements seek to reactivate it within the regional energy framework, providing alternative routes that facilitate the export of oil outside the Gulf.
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