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Chevron's Bold Move to Bypass Hormuz | Durham News
Chevron is plotting a bold new pipeline route to dodge the Strait of Hormuz entirely, proposing a northward path through Iraq to Syria or Turkey for Mediterranean access—highlighting the oil industry’s growing anxiety over this vital chokepoint. With 20% of global oil and LNG flowing through it, past disruptions caused massive supply losses. Chevron’s deepening ties with Iraq fuel this plan, part of a broader strategy to build resilience like their Kazakhstan operations. CEO Mike Wirth confirms it’s early-stage but actively being evaluated with partners, aiming to reduce single-point risks…
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