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The United States has urged Baghdad and Ankara to end the stop to the flow of Kurdistan Region’s oil through the Iraq-Turkey pipeline. The stoppage occurred as a response to the ruling from a Paris arbitration court that Turkey had violated an agreement with Iraq by allowing the Kurdistan Region to begin independent oil exports in 2014. Prior to the court ruling, the Kurdistan Region was exporting about 450,000 barrels per day, and the stoppage has contributed to a rise in oil prices.

US urges Iraq and Turkey to end disruptive oil export stoppage

The United States has urged Baghdad and Ankara to end the stop to the flow of Kurdistan Region’s oil through the Iraq-Turkey pipeline. The stoppage occurred as a response to the ruling from a Paris arbitration court that Turkey had violated an agreement with Iraq by allowing the Kurdistan Region to begin independent oil exports in 2014. Prior to the court ruling, the Kurdistan Region was exporting about 450,000 barrels per day, and the stoppage has contributed to a rise in oil prices.

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