🇸🇾🇮🇶⚡️ — Syria is preparing to provide Iraq with an overland route for crude exports, allowing Iraqi oil to bypass the Strait of Hormuz by truck to a Mediterranean port, Bloomberg reports.

Syrian Petroleum Co. CEO Yousef Qiblawy said the deal is nearly finalized, with the first convoy expected by mid-October.

The two countries are also discussing the rehabilitation of the long-defunct Haditha-Baniyas pipeline, with work potentially beginning early next year.