BAGHDAD: Crude exports from Iraq’s Kirkuk fields to Turkiye’s Ceyhan port have resumed via pipeline, North Oil Company said, after Baghdad and the Kurdistan Regional Government agreed on Tuesday to restart flows. The KRG confirmed the agreement, saying in a statement the two sides would form a joint committee to prepare to resume oil exports and that revenue would be returned to the federal treasury. The North Oil Company added that Kirkuk crude exports would resume with an initial capacity of 250,000 barrels per day.

Oil prices drop over $2 as Iraq and Kurdish authorities finalize an export deal, easing supply concerns amid ongoing conflict.

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BAGHDAD: Crude exports from Iraq’s Kirkuk fields to Turkiye’s Ceyhan port have resumed via pipeline, North Oil Company said, after Baghdad and the Kurdistan Regional Government…