Chevron Eyes Iraq Oil & Bypass Routes | Business and Finance News

Chevron is betting big on Iraq, locking in deals for two major oilfields including the massive Nassiriya project, poised to deliver 600,000 barrels daily in seven years. Beyond extraction, the company is aggressively scouting pipeline routes to bypass the Strait of Hormuz, aligning with regional trends as the UAE and Saudi Arabia also seek to diversify exports. By 2028, these bypasses could add over 14 million barrels per day to regional capacity. For Chevron, securing Iraqi oil and building resilient logistics is key to long-term growth, with plans to revive damaged infrastructure and hedge against geopolitical risks. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4309dbc5e92a780a