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The United States announced its welcome for the rehabilitation of the Kirkuk-Banyas oil pipeline between Iraq and Syria. This pipeline is considered a strategic energy corridor that links Iraqi oil fields to the port of Banyas on the Mediterranean Sea, with the aim of exporting two million barrels per day. The project is being implemented by an international coalition, with American companies handling its technical and financial aspects. It seeks to reduce dependence on the Strait of Hormuz and strengthen regional energy security. Simultaneously, Western companies, including Chevron and Conoco, signed agreements and investments exceeding $60 billion in the Iraqi oil sector, covering the development of oil fields and infrastructure projects.
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