The Real Reason Behind U.S. Resuming Iraqi Kurdistan Oil Imports

The Real Reason Behind U.S. Resuming Iraqi Kurdistan Oil Imports

An oil tanker carrying crude from the Kurdistan Region of Iraq (KRI) unloaded its cargo at a U.S. port at the very end of last month – the first since the reopening of the critical Iraq-Turkey Pipeline (ITP) around two months ago. According to industry data, many more such cargoes are expected in the coming day, weeks, and months. Although the U.S. has a genuine use for the medium-heavy sour Iraqi Kurdish blend, these imports are about a lot mor…