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Two months left for Iraq and Turkey to reach pipeline deal

By CityCalc Newsroom · Wed May 27 2026 · Source: AGBI

Iraq is suffering a steep drop in its oil exports due to the near-closure of the Strait of Hormuz and needs to reach agreement with Turkey within two months on a major pipeline, analysts say. The pipeline has carried crude to Europe for decades but the pact governing the 970km c…

Iraq is suffering a steep drop in its oil exports due to the near-closure of the Strait of Hormuz and needs to reach agreement with Turkey within two months on a major pipeline, analysts say. The pipeline has carried crude to Europe for decades but the pact governing the 970km c…

Curated by CityCalc from AGBI. Read the full article at the source.

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