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President Trump Praises Syria's Plan to Create a New Oil Transit Route to Bypass the Strait of Hormuz

President Trump praised the Syrian government's plan to establish a new oil transit route that serves as an alternative to the Strait of Hormuz. The administration announced that Syria is positioning itself as a regional hub to move energy and cargo across its territory to Mediterranean ports, providing a way to bypass the heavily contested waterway.

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To facilitate this, Syria has offered Iraq a route to transport oil westward across Iraq and into Syria, eventually reaching the Mediterranean port of Baniyas. This route utilizes an old pipeline connecting Iraq and Syria, which is being revived to allow for the flow of crude oil. While the pipeline is not expected to replace the Strait of Hormuz immediately, the route is currently being tested on a smaller scale using oil trucks to shuttle crude from southern Iraq to the Syrian coast. President Trump noted that a US-led international consortium will assist with the technical and financial development of the project. The project includes involvement from energy companies like Chevron, which is also participating in wider Iraqi oil deals.

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