Archive · 4 Sep 2026

Syria Pitches Oil Corridor as Alternative to Strait of Hormuz

Syria Pitches Oil Corridor as Alternative to Strait of Hormuz

Syria wants to become a travel and shipping bridge between Iraq, the Mediterranean and Europe.

It is offering the port of Baniyas as another way to move oil and goods when ships cannot easily use the Strait of Hormuz.

About 5,000 oil trucks are already traveling from southern Iraq to Baniyas each day.

Syria and its partners are also considering a much larger pipeline from Basra to Baniyas.

The pipeline could carry up to 2 million barrels of oil every day.

It could cost $5.7 billion and take at least two and a half years to build.

US President Donald Trump has praised the idea.

However, fighting, attacks, money problems and expensive insurance could make the route difficult to protect and operate.

Sources