Total CEO views Syria as an alternative transit route for oil shipments
Totalenergies announced that Syria could become an alternative route for transporting oil from Iraq to the Mediterranean Sea, thereby strengthening its position as a major crossroads in the Middle East. This comes amidst efforts to rehabilitate oil pipelines and expand cooperation with international companies after years of war and unrest. Investors are also looking to secure alternative routes to the Strait of Hormuz amid escalating regional tensions.
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