Anonymousabout 4 hours ago
The 2026 Strait of Hormuz crisis — which collapsed tanker traffic by 95% and triggered the largest oil supply disruption in history — has accelerated plans for a multi-billion-dollar trade corridor through Iraq combining the $17 billion Development Road, a $4.5 billion Basra-to-Mediterranean pipeline, and over $7 billion in foreign direct investment. But the corridor must overcome Iraq's track record of corruption, Iranian spoiler risks, active insurgency along the route, and the hard math that existing bypass pipelines cover less than half the strait's lost throughput.