Eco
Iraq has resumed an overland route for transporting crude oil through Syrian territory to the port of Baniyas, aiming to establish alternative export paths away from the Strait of Hormuz, where navigation has been disrupted due to the conflict with Iran. The General Manager of Basra Oil Company, Basim Abdul Karim, stated that the Qatari energy group "UCC Holding" began last month transporting Iraqi crude oil by trucks to the Syrian port of Baniyas. Abdul Karim noted that the company moves between 120,000 and 150,000 barrels daily under a contract with the Iraqi Oil Marketing Company, explaining that the volume transported depends on the availability of trucks used for the transfer.
