Money Talks

Iraq, KRG reach deal to restart oil exports to Türkiye


Listen Later

Officials in Baghdad and Erbil have reached a preliminary agreement that ends the Kurdish regional government's ability to carry out independent oil exports. Turkiye had halted flows via a pipeline to the Mediterranean port of Ceyhan from Iraq's Kirkuk fields. That's after the International Chamber of Commerce ordered Ankara and Baghdad to pay each other compensation in a long-running arbitration dispute. Iraq's central government, which considers independent Kurdish oil exports illegal, accused Turkiye of violating their 1973 agreement by trading oil with the KRG without its consent. Turkish Energy Ministry said the ICC ordered Iraq to compensate for several violations concerning the case.
#IraqPolitics #TürkiyePolitics #OilDeal
...more
View all episodesView all episodes
Download on the App Store

Money TalksBy TRT World


More shows like Money Talks

View all
Daily News Brief by TRT World

Daily News Brief

42 Listeners

Business in 60 Seconds by TRT World

Business in 60 Seconds

2 Listeners

Bigger Than Five by TRT World

Bigger Than Five

1 Listeners

Nexus by TRT World

Nexus

1 Listeners

Route 66 by TRT World

Route 66

0 Listeners

Compass by TRT World

Compass

0 Listeners

Strait Talk by TRT World

Strait Talk

2 Listeners

Roundtable by TRT World

Roundtable

1 Listeners

Newsfeed by TRT World

Newsfeed

0 Listeners

Off The Grid by TRT World

Off The Grid

0 Listeners