Syria Commences Gasoline Shipments to Iraq
Syria has successfully transported imported gasoline to Iraq via the Baniyas port, due to the disruption of navigation through the Strait of Hormuz resulting from the ongoing Middle East conflict. The operations commenced on Thursday with a rate of 57 tankers daily, and plans are underway to increase capacity to around 200 tankers per day through the Tanf border crossing, under a three-month agreement renewable upon expiry. This step aims to secure energy supplies and strengthen Syria's role as an import and export corridor, with Iraq and Qatari companies investing in transit operations that generate revenue for both countries. These measures are part of the Syrian government's efforts to rebuild its economy and improve its infrastructure, which has been damaged for more than a decade.
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