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Iraq Restarts Kurdistan Oil Exports to Turkey After Ruling

9/27/2025

48 9 Full Breakdown

Summary

Story summary

Iraq resumed Kurdistan Region oil exports to Turkey on September 27, 2025, ending a two-and-a-half-year halt after an arbitration ruling.
Exports will flow at 180,000–190,000 bpd, with a target of 230,000.
The deal involves the federal government, the Kurdistan Regional Government (KRG), and international oil companies.
The KRG owes about $1 billion; a debt meeting is planned within 30 days.

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Story summary

Iraq resumed Kurdistan Region oil exports to Turkey on September 27, 2025, ending a two-and-a-half-year halt after an arbitration ruling.
Exports will flow at 180,000–190,000 bpd, with a target of 230,000.
The deal involves the federal government, the Kurdistan Regional Government (KRG), and international oil companies.
The KRG owes about $1 billion; a debt meeting is planned within 30 days.