Iraq is planning to triple crude oil export volumes via pipeline, according to the prime minister’s office. It needs to do that quickly – and do more. The target set out this week – 770,000 barrels per day – is, after all, only about a fifth of the 3.6 million bpd exported before the near-closure of the Strait of Hormuz. In April, the outgoing cabinet approved $1.5 billion to construct a long-delayed pipeline from Basra to Haditha, from where it is planned to extend to Turkey, Syria and Jordan.