To facilitate its energy deal with Kurdistan, Turkey could send revenue from Iraq's northern oil exports to an escrow account, guaranteeing money for the KRG – and stirring conflict with Baghdad.
Iraq grapples with power shortages and Iran sanctions as summer looms
The expiration of a U.S. sanctions waiver on Iranian electricity imports is complicating Baghdad's balancing act between Tehran and Washington, while the government scrambles for power supply ahead of peak demand season.