After more than a decade of sanctions and war, Syria’s oil sector is reopening.
Before 2011, foreign firms produced nearly half of the country’s oil.
Sanctions and conflict forced most to suspend operations, leaving behind legal and financial disputes.
In 2025, the US, EU, and UK lifted restrictions, creating new opportunities.
Now Türkiye, Azerbaijan, Iraq, Saudi Arabia, Russia, and the UK’s Gulfsands Petroleum are among the first movers exploring re-engagement.
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