Iraq nears deal to restart pipeline oil exports from Kurdistan to Turkiye, sources say

BAGHDAD: Iraq, OPEC’s second-largest producer, has given preliminary approval to a plan to resume pipeline oil exports from its semi-autonomous Kurdistan region through Turkiye following delays to a hoped-for restart, sources familiar with the talks told Reuters. The deal between Iraq’s federal government, the Kurdistan Regional Government and international oil companies could add at least 230,000 barrels per day of fresh supplies at a time OPEC producers are raising output to regain market share.

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