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Turkey pipeline deal sets challenging target for Iraqi oil exports

A temporary agreement enables Iraq's northern exports to keep flowing but sets a 750,000 bpd expectation that will be difficult to meet.
Turkish Energy Minister Alparslan Bayraktar (center) and Iraqi Oil Minister Bassim Mohammed Khudair (center left) oversee a ceremony on Aug. 1, 2026, for the signing of a temporary agreement to enable continued oil flows through the Iraq-Turkey Pipeline after the expiration of a previous treaty. (Photo credit: Iraqi Oil Ministry)