Iraq Oil Ministry Calls for Meeting with Kurdish Authorities to Resume Oil Exports

Iraq’s oil ministry has called for an urgent meeting with Kurdish authorities and international companies to resume oil exports via the Iraq-Turkey pipeline. The pipeline, previously handling about 0.5% of global oil supply, was stopped following an arbitration ruling that Ankara violated a treaty by allowing exports without Baghdad’s consent. This situation underscores ongoing tensions over oil revenue sharing between Iraq’s federal government and the Kurdistan region.