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Politics

Cabinet advances proposal for northern oil export restart

Iraq's main political factions appear to have an initial agreement for paying Kurdistan's oil companies for exports, but legislative, legal, and practical hurdles remain.

Iraqi Prime Minister Mohammed Shia al-Sudani (right) and KRG Prime Minister Masrour Barzani (left) speak at a ceremony for the signing of a framework deal to restart Iraq's northern exports in Baghdad on April 4, 2023. (Photo credit: Prime Minister's Office)

Iraq’s highest court strikes down INOC

The Federal Supreme Court appeared to end Oil Minister Ihsan Ismaael's fledgling efforts to create an Iraqi National Oil Company, ruling its legal foundations "invalid."