Iraq has secured a deal with a consortium of US and Qatari firms to construct a crucial oil pipeline. The project, involving TI Capital, Chevron, and UCC, will link Basra to Fishkhabur. Oil Minister Basim Khudair announced the agreement on Wednesday, highlighting the pipeline's strategic importance for Iraq's oil sector. While details remain limited, the pipeline is expected to enhance Iraq’s oil export capabilities. This construction signifies increased foreign investment in Iraqi infrastructure. The pipeline aims to boost Iraq’s economy and strengthen its position in the global energy market. Further details regarding the project's timeline and cost are yet to be released.