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Turkey Tries To Broker Revenue-Sharing Deal On Kurdish Oil

Turkey is in the process of brokering a deal between the central Iraqi government and the authorities of the semi-autonomous Kurdistan region on sharing the revenues from crude oil production in the northern Iraqi region. The deal, according to Bloomberg, which cited unnamed Turkish officials, would help resume the operation of the pipeline that takes the crude from Kurdistan to the Turkish port of Ceyhan.

Kurdistan’s crude oil exports were halted on March 25 by the federal government of Iraq. The halt came after the International…

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