Stalemate persists as Iraq and Turkey fail to reach consensus on resuming northern oil exports

1 min read
Source: Reuters
Stalemate persists as Iraq and Turkey fail to reach consensus on resuming northern oil exports
Photo: Reuters
TL;DR

Iraq's oil minister and his Turkish counterpart did not reach an immediate agreement to resume Iraq's northern oil exports during their meeting in Ankara. Turkey halted the flows in March after an arbitration ruling ordered Ankara to pay damages for unauthorized exports by the Kurdistan Regional Government. The ministers agreed to hold further talks to finalize pipeline maintenance before resuming oil flow. The visit aimed to reach common ground and agree on a clear date for the resumption of oil exports.

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