Exclusive: U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say

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Exclusive: U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say

//business-finance.news-articles.net/content/202 .. q-to-resume-kurdish-oil-exports-sources-say.html

Published in Business and Finance on Saturday, February 22nd 2025 at 17:20 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran, eight sources with direct knowledge of the matter told Reuters.

The United States is intensifying its diplomatic efforts to persuade Iraq to resume oil exports from the semi-autonomous Kurdistan region, which were halted due to a legal dispute between Baghdad and the Kurdish authorities. According to sources cited by Reuters, U.S. officials are engaging with both Iraqi and Kurdish leaders to find a resolution. The stoppage of oil exports, which began in March 2023 following an arbitration ruling favoring Baghdad, has led to significant economic strain in the Kurdistan region. The U.S. involvement aims to stabilize the region's economy and ensure energy security, amidst ongoing tensions and negotiations over revenue sharing and control of oil resources.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/energy/us-piles-pressure-iraq-resume-kurdish-oil-exports-sources-say-2025-02-21/ ]

Publication Contributing Sources

Reuters

N🟁N

Exclusive: U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say