Barraq advances Iraq–Kurdistan oil talks

U.S. Special Envoy Tom Barrack discussed the possibility of resolving the oil dispute between Baghdad and Erbil, as conflicts over the legislation of the Oil and Gas Law continued—reflecting political and constitutional disagreements over the powers of the Region and independent oil contracts. Despite some progress in recent communications and understandings, disputes over contracting rights with foreign companies and the distribution of oil fields remain ongoing. Baghdad maintains its central control over oil resources, while the focus is shifting toward joint efforts to manage the financial crisis and bridge differences.

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