Episode Description
After months of stalled negotiations, a breakthrough has
finally come: Baghdad, Erbil, and oil companies signed a tripartite agreement in Erbil to resume oil exports from Kurdistan’s fields.
According to insiders, the deal was concluded during a high-level meeting between the Kurdistan Regional Government’s Ministry of Natural Resources, Iraq’s Federal Ministry of Oil, and representatives from the North Oil Company and other producers.
Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash....Get a FREE transcript at:https://rss.com/podcasts/myfxbuddies...Prime Minister Mohammed Shia al-Sudani has reportedly urged officials to remain discreet on the details until he makes the official announcement, but sources confirm that oil exports from Kurdistan will restart immediately.
📌 Why this matters:
For months, disputes over oil production, export pricing, and non-oil revenues paralyzed Baghdad’s ability to send salaries to employees, retirees, and subsidy recipients in the Kurdistan Region. With this deal in place, officials say there are no more obstacles to releasing salaries, and the Council of Ministers could make a decisive move as early as tomorrow’s session.