2+2=1 ☀️
Today, Baghdad and Erbil negotiate over a new revenue-sharing plan. Oil exports remain a lifeline for both sides, but without a lasting deal, Kurdistan’s autonomy and economic stability remain at risk.
Today, Baghdad and Erbil negotiate over a new revenue-sharing plan. Oil exports remain a lifeline for both sides, but without a lasting deal, Kurdistan’s autonomy and economic stability remain at risk.
In 2023, Iraq’s Supreme Court ruled Kurdistan’s oil law unconstitutional, forcing exports to stop through Turkey’s Ceyhan port. The halt cost the region billions in lost revenue and worsened the salary crisis.
In 2023, Iraq’s Supreme Court ruled Kurdistan’s oil law unconstitutional, forcing exports to stop through Turkey’s Ceyhan port. The halt cost the region billions in lost revenue and worsened the salary crisis.
In 2014, Baghdad suspended Kurdistan’s 12.67% share of the federal budget, freezing salaries for thousands of workers. The KRG responded by exporting oil independently, sparking years of mistrust and financial instability.
In 2014, Baghdad suspended Kurdistan’s 12.67% share of the federal budget, freezing salaries for thousands of workers. The KRG responded by exporting oil independently, sparking years of mistrust and financial instability.
The issue began after 2003, when Kurdistan started signing its own oil deals. Erbil argued the constitution allowed it to manage new oil fields, while Baghdad insisted all sales go through the federal State Oil Marketing Organization (SOMO).
The issue began after 2003, when Kurdistan started signing its own oil deals. Erbil argued the constitution allowed it to manage new oil fields, while Baghdad insisted all sales go through the federal State Oil Marketing Organization (SOMO).