U.S. designation of a key oil sector logistics provider highlights sanctions risks, prompting Iraqi measures to combat corruption in fuel trading.
Baghdad reaffirms conditions for KRG budget support
Iraq's Cabinet said Tuesday that further payments are contingent on the KRG transferring most of its oil production and non-oil revenue to Baghdad.
Negotiators representing Iraq's federal government and Kurdistan Regional Government meet on Aug. 19, 2025 in a session chaired by Minister of Planning Mohammed Ali Tamim. (Photo credit: Ministry of Planning)