Report: After a two-year suspension, oil exports from the Kurdistan region will resume on Saturday.

According to reports, the Kurdistan Region's oil exporting organization has announced that after a two-year hiatus, the crude oil export plan will resume on Saturday, with oil being transported through pipelines to the Jeyhan port in Turkey. The Iraqi Federal Oil Minister, Luaib, told the Kurdistan Regional Broadcasting Corporation that the Iraqi federal government, Kurdistan Regional Government, and eight international oil companies have reached an agreement to restart the Kirkuk-Jeyhan oil pipeline which had been interrupted for two and a half years. Once the pipeline is reopened, the daily crude oil transportation volume will reach 180,000 to 190,000 barrels. Currently, the United States is implementing a "maximum pressure" policy on Iran, aiming to reduce Iran's oil exports to zero. In this context, the US is pressuring the Iraqi government to resume the Kurdistan Region's crude oil exports. Meanwhile, the OPEC and its partners are increasing production to seize market share, and the reopening of the Kirkuk-Jeyhan oil pipeline is happening at this juncture. A source revealed that the Kurdistan Region's Ministry of Natural Resources has informed oil companies operating in the region about the plan to resume crude oil exports. As of now, there has been no official comment from the Kurdistan Regional Government or the Iraqi Federal Oil Ministry.