Iraqi PM confirms agreement with Kurdish region to resume oil exports

BAGHDAD: Iraq will restart the export of oil from its Kurdish region to Turkiye after an interruption of more than two years, following what Prime Minister Shia Al-Sudani called a historic agreement between Baghdad and the Kurdish regional government. Under the agreement, Iraq’s state oil marketer SOMO will export the crude from Kurdish oil fields through a pipeline to Turkiye. The Kurdistan Regional Government said on X that oil exports will resume within 48 hours after the tripartite agreement between Iraq’s oil ministry, the KRG ministry of natural resources and producing companies.