Aug 1, 2026
Turkey and Iraq sign one-year oil pipeline deal to transport 750,000 barrels daily, amid Strait of Hormuz disruptions
Turkey and Iraq have signed a one-year agreement to maintain operations of the Iraq-Turkey crude oil pipeline to Ceyhan port, with capacity for 750,000 barrels per day. The deal provides Baghdad with a critical northern export route as ongoing tensions continue to disrupt shipping through the Strait of Hormuz.
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