Iraqi-Kurdistan Oil Export Dispute Resolved with Temporary Agreement.

The Hassira oilfield in Kurdistan has resumed production to full capacity following an agreement between Kurdistan and Iraq on the resumption of oil exports. The federal government of Iraq and Kurdistan reached an agreement to resume exports via an Iraq-Turkey pipeline and the port of Ceyhan on the Mediterranean. Kurdistan’s crude oil exports were halted in late March by the federal government of Iraq, but the recent agreement brings much-needed revenues to the country.