Al Jazeera reported that Turkey and Iraq have signed an agreement to continue transporting crude oil via the Iraq-Turkey pipeline for the next 12 months. According to officials, this deal will see daily flow of 750,000 barrels of oil. [1]
This move comes amid a broader global shift in energy markets, where countries are increasingly looking at alternative routes and partnerships to secure their energy supplies. The agreement is seen as part of Turkey's strategy to diversify its energy sources beyond the traditional route through Syria. [2]
The deal has not been widely covered by other news outlets, suggesting it may be considered a regional rather than an international story. However, Al Jazeera’s coverage highlights the geopolitical implications and potential for increased oil trade between these two countries. [1]