#Oil Pipeline

US President Donald Trump stated in Dublin that Iran is probably behind the drone attack on Saudi Arabia's key oil pipeline, which halted oil exports in bypass of the Strait of Hormuz.

Turkey and Iraq have extended the contract for the operation of the Kirkuk-Ceyhan oil pipeline for another year 🛢️🇹🇷🇮🇶. This decision guarantees an alternative export route for Iraqi oil amidst risks to shipping in the Strait of Hormuz. The pipeline's potential is up to 750,000 barrels per day, which is critical for the stability of supplies to global markets. ⚖️🚢