Iraq & UAE Race to Set Up Alternative Oil Route as Exports via Hormuz Dry Up

published:11/06/2026 08:14 GMT

Iraq and the United Arab Emirates are fast-tracking plans to expand oil pipelines to replace the capacity lost by the closure of the Strait of Hormuz, as new data reveals their stark dependency on the Persian Gulf. Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network, which would more than triple its existing shipments from 220,000 barrels per day to 770,000. The route offers an alternative passage through Kurdistan to...More