Oil flows to Turkey remain frozen following the agreement between Iraq and the Kurdistan Regional Government. The impasse could hurt the autonomous region’s oil sector and revenue.
A Kurdistan Regional Government spokesman has said that its oil exports could start flowing as soon as this week after reaching a preliminary agreement with the Iraqi federal government.
A Kurdish official told Al-Monitor that the Kurdistan Regional Government disagrees with an Iraqi government proposal to resolve the issue, as the stoppage of oil exports to Turkey threatens the autonomous region's economy.