Market news: The media said that the solution to replace the Strait of Hormuz with a pipeline is not very feasible. The Iraq-Syria oil channel project requires at least four years and $15 billion in capital, while Iraq is short on capital and the project cycle is long.

Market news: The media said that the solution to replace the Strait of Hormuz with a pipeline is not very feasible. The Iraq-Syria oil channel project requires at least four years and $15 billion in capital, while Iraq is short on capital and the project cycle is long.