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Fri Β· 06 Nov 2026

US Receives First Iraq Fuel Oil Cargoes via Syria as Hormuz Squeeze Bites

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US Receives First Iraq Fuel Oil Cargoes via Syria as Hormuz Squeeze Bites

πŸ›’οΈ IRAQ β€” Hormuz choked, so Washington is now buying oil routed through Syria. πŸ“Œ LOOK CLOSER: With Hormuz at 6 daily transits, US buyers are sourcing alternatives wherever they exist. Iraq routing through Syria signals Damascus's rehabilitation as a transit state β€” quietly, commercially. It also hands Baghdad leverage: Iraq controls a supply line the US needs. Sanctions architecture around Syria just became a negotiating chip, not a firewall.

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