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Iraq and Kurdistan Extend Oil Export Deal to March 2026
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Why This Matters
Iraq and Kurdistan have successfully extended their crude oil export deal until March 2026, ensuring continued oil flow from the semi-autonomous region. This agreement involves collaboration between the federal government, the Kurdistan Regional Government, and oil companies, providing stability in oil exports amidst potential geopolitical tensions.
Market Impact
Market impact analysis based on bullish sentiment with 77% confidence.
Sentiment
Bullish
AI Confidence
77%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Iraq and Kurdistan agreed this week to extend a deal for the export of crude oil from the northern semi-autonomous region until March 2026, Rudaw reported, citing the head of Iraq’s State Oil Marketing Organization. “The three sides - the federal government, the Kurdistan Regional Government, and the oil companies - have agreed to renew the agreement for the export of Kurdistan Region oil,” SOMO’s Ali Nazar al-Shatri told the news outlet. The extension agreement comes a week before the expiry of the current deal, agreed…
Original article published by
OilPrice.com
on December 26, 2025.
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