BAGHDAD - Iraq's Kurdistan region has threatened to end oil exports if the central government does not hand over more than $1 billion in backlogged payments – the latest flashpoint in a long-standing conflict over the distribution of state oil powers.
A year ago, Baghdad and the Kurdistan Regional Government (KRG) reached a stop-gap agreement to re-start Kurdish exports, but its implementation depended on political cooperation, not the force of law. Now, that deal appears to have passed its expiration date.
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