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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)

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.

Drones strike Kurdistan oil fields

Attack on HKN-operated Sarsang field coincides with the company's signing of a preliminary upstream deal with the federal Oil Ministry.

Iraqi oil sector weathers Iran conflict

Production and exports have not suffered major interruptions so far, but exodus of foreign oil workers and border closures highlight risks of disruption.