Iraqi Kurdistan region's oil output halted by Turkey. Oil up US$3
#1

By Rowena Edwards


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Iraq was forced to halt around 450,000 barrels per day (bpd) of crude exports from the KRI on Saturday through an export pipeline that runs from its northern Kirkuk oil fields to the Turkish port of Ceyhan.

Turkey halted the pumping of Iraqi crude from the pipeline after Iraq won an arbitration case in which it said Turkey had violated a joint agreement by allowing the Kurdistan Regional Government (KRG) to export oil to Ceyhan without Baghdad's consent.


https://www.reuters.com/business/energy/...023-03-27/
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#2

Oil rises over US$3 on Kurdistan export halt, banking optimism

https://www.reuters.com/markets/commodit...023-03-27/
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