
19,000 Barrels = $Billions Lost! Iraq’s Oil Export Drama Unpacked
Iraq is losing big — and just 19,000 barrels are at the heart of it all. link to My FX Buddies Blog
Despite full readiness to resume oil exports via Turkey's Ceyhan port, a heated dispute between Baghdad and the Kurdistan Regional Government (KRG) has halted crucial exports, costing Iraq nearly 300,000 barrels per day from its OPEC quota.
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At the core of the clash? Disagreements over the amount of oil…
The skinny
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