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According to shipping data and two people familiar with the matter, the US has for the first time begun importing fuel oil from Iraq exported through Syria. Earlier this year, due to the blocking of trade routes in the Gulf region earlier this year, Iraq further expanded its Mediterranean export channel. This alternative transportation route once again shows that in a situation where the Strait of Hormuz has actually been blocked for several months and the Iran war continues to affect oil exports in the Gulf region, shippers are trying to find new ways to bypass the Strait of Hormuz and transport energy to the global market. According to Kpler shipping data, between June and July this year, three Afula tankers loaded fuel oil at the Syrian Mediterranean port of Banias and transported it to the US Gulf Coast. Sources familiar with the operation of the Baniyas terminal said that the goods came from Iraq. Sources said that these goods were all Iraqi fuel oil that was shipped across the border from Iraq to Syria by truck and then loaded on a ship in Baniyas. According to Kpler data, this is the first time in history that fuel oil was exported from Syria and destined for the US.
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According to shipping data and two people familiar with the matter, the US has for the first time begun importing fuel oil from Iraq exported through Syria. Earlier this year, due to the blocking of trade routes in the Gulf region earlier this year, Iraq further expanded its Mediterranean export channel. This alternative transportation route once again shows that in a situation where the Strait of Hormuz has actually been blocked for several months and the Iran war continues to affect oil exports in the Gulf region, shippers are trying to find new ways to bypass the Strait of Hormuz and transport energy to the global market. According to Kpler shipping data, between June and July this year, three Afula tankers loaded fuel oil at the Syrian Mediterranean port of Banias and transported it to the US Gulf Coast. Sources familiar with the operation of the Baniyas terminal said that the goods came from Iraq. Sources said that these goods were all Iraqi fuel oil that was shipped across the border from Iraq to Syria by truck and then loaded on a ship in Baniyas. According to Kpler data, this is the first time in history that fuel oil was exported from Syria and destined for the US.
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