Kurdistan Oil Exports to Resume Shortly, Says Iraqi Minister

Oil exports from Iraq's Kurdistan region are set to resume in a week following an agreement between Kurdish authorities and the federal oil ministry. This announcement was made by Iraqi Oil Minister Hayan Abdel-Ghani, emphasizing that the issue will be settled soon.

Oil exports from Iraq's Kurdistan region are poised to resume within a week, according to Iraqi Oil Minister Hayan Abdel-Ghani. Speaking to reporters on Monday, Abdel-Ghani assured that the longstanding issue surrounding the export suspension would be resolved imminently.

The agreement to restart oil exports from the Kurdish region was announced by Kurdistan's regional government on Sunday. The decision was reached in conjunction with Iraq's federal oil ministry, highlighting cooperative efforts to base exports on available volumes.

This development marks a critical step in bolstering Iraq's oil shipments, with both Kurdish and federal authorities working together to ensure a stable flow of crude from the region.

(With inputs from agencies.)