Iraq has won an arbitration case against Turkiye in the Paris-based International Chamber of Commerce and the flow of oil through the pipeline was stopped as of March 25. Quoting a statement by the Iraqi government, Reuters said that Turkiye must pay $1.4 billion to Iraq, plus the interest according to the market rate. Iraq’s original claim was $34 billion. Ankara had feared
Republic of Turkey Ministry of Energy and Natural Resources announced on Wednesday that it plans to re-explore its country's old natural gas field in the Black Sea. The first pipe into the sea was.
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