In theory, the embargo on oil exports to Turkey from the semi-autonomous Kurdish Region of Iraq (KRI) in northern Iraq imposed on 25 March 2023 by the Baghdad-based Federal Government of Iraq (FGI) in the south remains firmly in place. In practice, the Kurdish region is now producing around 250,000 barrels per day (bpd), … Continue reading Iraq at a tipping point as North challenges South in oil showdown, by Simon Watkins