US EditionIraqi oil flows to Turkey after US pledges role in Baghdad-Kurds customs dispute
7 Articles
7 Articles
Global Markets Rise as Iraq Resumes Oil Exports Through Turkey
Global financial markets showed signs of recovery after Iraq announced a deal with Turkey to resume oil exports through a key pipeline, offering temporary relief to a global energy system under severe strain. The agreement allows crude shipments to flow through the Ceyhan port, bypassing some of the most disrupted routes linked to the ongoing Middle East conflict. Investors responded positively, with stock markets gaining modestly and oil prices…
The Iraqi oil minister has indicated in a statement published on his social networks that Ceyhan pipeline operations have been resumed, "after a period of closure that posed a significant challenge to the oil sector", following an agreement between Baghdad and the Kurdish authorities.
The Iraqi semi-autonomous region of Kurdistan has announced that it will allow the federal government of Iraq to resume oil exports through its pipeline, and has called for national unity in the face of the conflict in the Middle East. According to its social network X, Iraq's Kurdistan Regional Government Prime Minister Masrour Barzani, "given the extraordinary circumstances that the country is going through and the responsibility that we all s…
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