Episode Description
After nearly two decades of conflict over oil, Baghdad and
Erbil have reached a historic breakthrough. Prime Minister Mohammed Shia al-Sudani and Kurdistan Regional Government (KRG) President Masrour Barzani announced a comprehensive oil agreement that turns the page on one of Iraq’s longest-running disputes.
Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash....Get a FREE transcript at:https://rss.com/podcasts/myfxbuddies...Under this landmark deal, the Kurdistan Region’s oil exports will be managed by the federal Ministry of Oil and sold through SOMO, ensuring a fair distribution of wealth among all Iraqis.
Al-Sudani called it “an achievement Iraq has been waiting 18 years for,” emphasizing unity, transparency, and investment. Barzani hailed it as a “historic step” restoring Kurdistan’s rightful place in global markets.
Experts say the agreement could:
Strengthen Iraq’s economy and global negotiating power
Rebuild trust between Baghdad and Erbil
Create a stable, unified oil policy that attracts investment
But experts also warn: true success depends on transparent implementation, political discipline, and strong oversight to ensure Iraq’s oil serves as a tool for national prosperity — not renewed division.
This could be the dawn of a new era: a unified Iraq sharing wealth fairly, competing globally, and standing stronger together.
Excellent — this article is a milestone moment for Iraq’s energy and unity story