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Politics

New hope for Baghdad-KRG oil and budget deal

Federal financial transfer signals political will to implement an agreement that could result in re-starting northern oil exports, though further hurdles remain.
Iraqi Prime Minister Mohammed Shia al-Sudani (right) hosts Massoud Barzani, the president of the Kurdistan Democratic Party, in Baghdad on July 3, 2024. (Photo credit: Prime Minister's Office)

Iraqi federal and KRG oil talks cordial but still at odds

In their first in-person meeting, a political delegation from Erbil talked about terms for resolving the oil dispute with Baghdad while the Oil Ministry remains focused on technical implementation of the Federal Supreme Court ruling against the Kurdistan Region’s oil sector.