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Politics

Political disunity clouds KRG fiscal and energy outlooks

Deadlocked talks over forming a new regional Cabinet highlight a bitter rivalry between two ruling parties that poses risks to Kurdistan's economy and energy sector.
PUK President Bafel Talabni (left) meets with KDP President Massoud Barzani (right) on Sept. 27, 2025. (Photo credit: KDP presidency office)

Baghdad makes second KRG budget transfer

Erbil has now received $138 million payments in both July and August, as a fragile political deal revives financial flows that had been stalled since October 2020.

Q&A: Oil Minister Ihsan Ismaael

Iraq’s oil chief discusses negotiations with Total and Chevron, arbitration with Exxon, the future of INOC, several gas project updates, and budget talks with the Kurdistan region.