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Iraq Diversifies Crude Exports Via $18B Jordan Pipeline As US-Iran War Exposes Hormuz Risks

CoinGape·July 18, 2026·1 min read
Iraq Diversifies Crude Exports Via $18B Jordan Pipeline As US-Iran War Exposes Hormuz Risks

Iraq and Jordan are accelerating the $18 billion Basra-Aqaba pipeline project to pump Iraqi crude through Jordan to the Red Sea port of Aqaba. The decades-old project has become urgent due to the US-Iran war exposing risks at the Strait of Hormuz.

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