The Iraqi oil minister has been instrumental in these developments, confirming Iraq's commitment to OPEC+ and announcing the resumption of oil exports with Turkey. Furthermore, the minister's focus on reducing dependency on Iran and developing Iraq's own gas supply underscores the country's determination to overhaul its energy sector.
BREAKING: Reuters reports that Iraq and Turkey have reached a deal on the resumption of oil exports
NEW: Iraq has reached an agreement with Turkey on the resumption of northern oil exports, Reuters reports citing the Iraqi oil minister
Iraq, currently dependent on Iran for gas and electricity, is seeking to develop its own gas supply as well as import gas from Turkmenistan https://t.co/vKwrNL6XMt by @Adam_Lucente
🔴 IRAQ CONFIRMS SUPPORT AND COMMITMENT TO THE OPEC+ AGREEMENT - INA.
🔴 IRAQ: INCREASED OIL EXPORTS BY SOME OPEC MEMBERS IS "NATURAL" AND DOES NOT AFFECT THE PRODUCTION LEVELS THAT HAVE BEEN AGREED UPON - STATEMENT.
🔴 IRAQI OIL MINISTRY: IRAQ IS COMMITTED TO OPEC+ AGREEMENT ON DETERMINING PRODUCTION LEVELS.