Iraq, Turkey and oil exports
Crude oil futures drop on reports of Kurdistan oil exports resuming, while market watches US-Russia peace talks closely.
West Texas Intermediate (WTI) Oil price edges higher to around $70.30 per barrel during Asian trading hours on Monday.
It's only recently that Iraq itself has increased ties with Saudi Arabia, helping pave the road to Saudi-Iran reconciliation.
The crude pipeline from Kirkuk to the port of Ceyhan, in Turkey, was closed by Iraq in March 2023 following a dispute with ...
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