Who really controls Kurdistan’s gas? The Dana Gas deal, the KRG’s silence and the hidden cost of selling energy to Iraq

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By Dr. Pshtiwan Faraj | Kurdish Policy Analysis      A $2.239 billion arbitration settlement, a contract running until 2049, expanded rights for Pearl Petroleum and a new battle over gas sales to Baghdad are raising uncomfortable questions about who ultimately controls Kurdistan’s most strategic natural resource. The latest dispute over Khor Mor gas is exposing a much deeper problem in the Kurdistan Region’s energy sector: the public still does not appear to have a clear picture of who controls the region’s gas, who is authorized to sell it, and how much of its future value has already been committed to private companies. At the center of the controversy is Pearl Petroleum, the consortium led by Dana Gas and Crescent Petroleum, and a settlement agreement reached with the Kurdistan Regional Government (KRG) on August 30, 2017. Kurdistan Parliament member Kawa Sheikh Ali has now sharply criticized that agreement, asking why a government would effectively commit its natural ...

John Bolton says Iran’s real power isn’t just military—it’s geography.

 


Bolton says Iran signals leverage from Hormuz risk, urges tougher approach

March 24, 2026

Erbil, Iraq — Former U.S. national security adviser John Bolton said Iran’s ability to disrupt global energy flows through the Strait of Hormuz demonstrates what he described as the country’s leverage over the international economy, arguing that this reality should inform Western policy toward Tehran.

In comments shared on social media platform X, Bolton suggested that Iran’s demonstrated capacity to threaten or restrict passage through the narrow waterway—through which a significant share of global oil shipments transit—has broader economic implications beyond the region.

He argued that such leverage underscores the strategic importance of the strait and said policymakers should take into account the risks posed by potential disruption to global shipping lanes and energy markets.

The remarks come amid heightened tensions involving Iran and its regional posture, with the Strait of Hormuz remaining a focal point in discussions about energy security and maritime stability. The waterway is considered one of the world’s most critical chokepoints for oil transport.

Bolton’s position reflects a long-standing hawkish stance toward Iran, though his latest comments emphasize the economic dimension of maritime security, suggesting that control or influence over key transit routes can translate into geopolitical pressure.

The Strait of Hormuz, located between Oman and Iran, serves as a vital corridor for oil exports from Gulf producers. Any sustained disruption to traffic through the strait is widely seen by analysts as having immediate implications for global oil prices and supply chains.

Energy markets have previously reacted sharply to perceived risks in the region, with shipping disruptions or security incidents often prompting volatility. Analysts say the strategic importance of the strait ensures it remains central to any broader regional escalation involving Iran and its adversaries.

Bolton did not provide new policy proposals in his remarks but framed the issue as a structural vulnerability in global energy infrastructure, where a single chokepoint can influence economic stability far beyond the immediate area.

Reporting by Kurdish Policy Analysis

#Iran #StraitOfHormuz #Geopolitics #EnergySecurity #Oil #MiddleEast #GlobalEconomy #Shipping #Markets #Security #JohnBolton


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