Iraqi oil

Iraqi administrations reach deal on oil, after arbitration ruling halts exports to Turkey

In depth
Issue 1167 - 05 Apr 2023 | 5 minute read

Government of Iraq in Baghdad and Kurdistan Regional Government (KRG) in Erbil reached a new agreement on control of Kurdish oil exports on 1 April, days after the crude pipeline to Turkey was shuttered in response to an International Chamber of Commerce (ICC) arbitration ruling. However, many questions remain over both sides’ longer-term approach, as well as the attitude of Turkey and international oil companies to the new arrangements.

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