The KRG has received 598 billion dinars under the new budget law — a fraction of its theoretical monthly entitlement.

Key details remain unresolved, including the lynchpin issue of whether oil companies will get paid enough to enable KRG fields to restart.

Sign of cooperation bolsters KRG argument for starting federal budget transfers.

New budget law appears to represent a rejection of the recent Baghdad-Erbil political deals that had sought to balance oil and financial authorities.

Upset about provisions in Iraq's draft budget law, refinery employees are shutting down tanker traffic and threatening a crippling fuel shortage.

Last-minute additions to the budget bill could undermine a new framework for oil and financial cooperation needed to restart northern exports and support Kurdistan’s oil sector.

Baghdad has sent nearly $1 billion to Kurdistan since March, highlighting political cooperation that could grow into reliable financial flows with the passage of a new budget law.

Iraq is ready to restart pipeline exports and relieve financial pressure on the KRG, but Turkey’s delays are prompting speculation of political complications.

Key details of the landmark Iraq-Turkey arbitration ruling have big implications for the future of Baghdad-Erbil power dynamics and the KRG oil sector.

Signing ceremony signals strong political backing for agreement, but pipeline flows remain shut as technical details are still being negotiated.

Under a provisional compromise deal, SOMO would take over selling crude and KRG would keep control of its oil revenue.

Baghdad's legal victory appears to be altering the balance of power that has enabled Kurdistan's oil sector independence.

Attempting to triangulate between opposing political forces, Sudani also pushes through a long-delayed financial transfer to Kurdistan.

The Sudani administration appears to be turning a blind eye to the blacklist policy enacted by the previous government against KRG oil sector companies.

In early talks between Baghdad and Erbil, negotiators have outlined the same points of conflict that have stalled oil legislation since 2007.

Iraq's highest court ruled against stop-gap financial transfers seen as key confidence-building measures in a sputtering rapprochement between Baghdad and Erbil.