Lebanon has formally offered Iraq a transit route for crude oil exports, aiming to provide an alternative to the Strait of Hormuz.
The proposal involves the formation of a joint technical team, with an Iraqi delegation scheduled to visit Lebanon to examine the logistical and infrastructure requirements for advancing the plan.
The development arrives as tensions in the Strait of Hormuz remain elevated, with Iran claiming control of the chokepoint amid intensified US strikes.
For Iraq, which relies heavily on the Strait for the majority of its oil exports, the Lebanese offer represents a potential strategic hedge against prolonged disruption.
A successful rerouting would allow Iraqi crude to reach Mediterranean markets without traversing the contested Gulf waters.
This move aligns with broader efforts by regional producers to diversify export pathways.