Iraq signs 48 deals with US companies during PM’s visit to Washington

AI Summary

During the Iraqi Prime Minister's visit to Washington, Iraq signed 48 agreements with US companies, including the reconstruction of the Iraq-Syria crude oil pipeline. This pipeline aims to bypass the strategic Strait of Hormuz, impacting regional energy transit routes.

The deals include rebuilding the long-defunct Iraq-Syria crude oil pipeline, which could bypass the Strait of Hormuz.