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Iraq to Resume Oil Exports Through Turkey's Ceyhan Port Amid War
Iraq plans to export up to 450,000 barrels per day through Turkey's Ceyhan port after a deal to restore revenue amid disruptions from the US-Israel war with Iran.
- On Tuesday, March 17, 2026, Baghdad and the Kurdistan Regional Government agreed to resume oil exports via Ceyhan, with flows starting Wednesday at 100000, and a joint committee to return revenues to the federal treasury.
- Long-Running disputes over political dispute over electronic customs and revenues pushed Baghdad and Erbil into days of negotiation amid a 70% plunge in output from Iraq's main southern oilfields caused by the Iran conflict closing the Strait of Hormuz.
- Flows could reach 200,000–250,000 bpd from Kirkuk, with a further 200,000 bpd possible from Kurdistan, while Brent eased 1.38% to $101.99 and West Texas Intermediate fell 1.89% to $94.39.
- The KRG said it will implement security measures and form a joint committee to oversee resumption, while Iraq's parliament issued a seven-point plan urging control over oil exports; Tom Barrack hailed the deal.
- Baghdad is weighing revamps of the Kirkuk-Ceyhan route and other overland export options, while officials are contacting Iran to allow tanker transit through the Strait of Hormuz to offset output cuts to about 1.4 million bpd.
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13 Articles
Crude oil trades lower as Iraq, Kurdistan decide to resume exports to Turkey’s Ceyhan hub
Crude oil futures traded lower on Wednesday morning after the Iraqi government and the Kurdistan Regional Government agreed to resume oil exports to the Ceyhan energy hub in Turkey.
·New Delhi, India
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The Straits Times+2 Reposted by 2 other sources
Iraqi government, Kurdish authorities reach deal to resume oil exports to Turkey's Ceyhan port
BAGHDAD, March 17 - The Iraqi government and the Kurdistan Regional Government reached an agreement to resume oil exports to Turkey's Ceyhan energy hub starting on Wednesday, Iraq's oil minister said on Tuesday. Read more at straitstimes.com.
·Singapore
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Coverage Details
Total News Sources13
Leaning Left1Leaning Right6Center1Last UpdatedBias Distribution75% Right
Bias Distribution
- 75% of the sources lean Right
75% Right
13%
12%
R 75%
Factuality
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