Turkey and Iraq to sign one-year crude oil pipeline deal

AI Summary

Turkey and Iraq are set to sign a one-year agreement to maintain operations of their crude oil pipeline, which is due to expire on July 27. The deal was announced by Turkish Energy Minister Alparslan Bayraktar and aims to ensure continued oil flow between the two countries.

Turkey and Iraq will sign a one-year agreement within days to maintain operations of the crude oil pipeline connecting the two countries, Turkish Energy Minister Alparslan Bayraktar said Thursday. The current pipeline agreement between the nations is scheduled to expire on July 27. “We have brought the agreement that will cover the next 12 months ...