Baghdad is finalizing an agreement to resume exporting crude oil from Basra through Syria, marking a significant development in Iraqi energy policy. The deal will involve transporting Basra crude oil by land through Syrian territory. Details regarding the specifics of the agreement, including volume and duration, have not yet been released. This move likely intends to diversify Iraq’s export routes and potentially alleviate reliance on sea exports through the Persian Gulf. The resumption of oil flow could also provide economic benefits to Syria, which has been grappling with economic hardship. This initiative signals a strengthening of economic ties between Iraq and Syria amidst ongoing regional complexities.