Oil export resumption

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Kurdistan oil exports: Iraq resumes supply after two-year halt; over $35 bn revenue lost during shutdown
The Times Of India· 2025-09-27 10:45
Baghdad’s oil ministry confirmed on Saturday that crude is once again moving through the Iraq-Turkey pipeline. The line, which had been closed since 2023, has been at the centre of long-running disagreements between the federal government and Kurdish authorities in Arbil over who controls the region’s oil wealth.The State Oil Marketing Organisation (SOMO) will now handle 190,000 barrels per day for export and allocate a further 50,000 barrels for local consumption, its director Ali Nizar told AFP. Turkish e ...