Iraq's Oil Exports Restart: A New Chapter?

Iraqi Oil Flows Again: After a two-and-a-half-year shutdown, Iraq has restarted oil exports from the Kurdistan Region, pumping 2.5 million barrels since late September. A new agreement between Baghdad, Erbil, and international oil companies puts Iraq’s SOMO in control of exports via Türkiye, resolving a major dispute and unlocking billions in revenue. With 190,000 barrels now flowing daily, this deal signals a unified energy policy and boosts Iraq's stability as a key oil supplier.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.