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Iraq asks KRG to help pipe crude oil to Turkey, sources say

Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & WarTrade Policy & Supply ChainEmerging Markets

Iraq asked the KRG to pump at least 100,000 barrels per day from the state-managed Kirkuk fields to Turkey's Ceyhan port, according to two oil officials. At roughly 100,000 bpd (~0.1% of global oil demand) this would modestly increase Iraqi exports and affect regional flow/logistics but is unlikely to materially move global oil prices unless volumes rise further or the request triggers broader geopolitical escalation.

Analysis

Iraq asked the KRG to pump at least 100,000 barrels per day from the state-managed Kirkuk fields to Turkey's Ceyhan port, according to two oil officials. At roughly 100,000 bpd (~0.1% of global oil demand) this would modestly increase Iraqi exports and affect regional flow/logistics but is unlikely to materially move global oil prices unless volumes rise further or the request triggers broader geopolitical escalation.

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