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 ...

US Imposes New Sanctions on Iran-Linked Weapons and Financial Networks

Expanded sanctions target procurement channels tied to Iran’s military infrastructure

In a statement, the Treasury said its Office of Foreign Assets Control (OFAC) had sanctioned 14 targets based in Iran, TĂĽrkiye, and the United Arab Emirates for their alleged roles in acquiring or moving weapons and related components on behalf of the Iranian government.

SULAIMANI, April 22 (Kurdish Policy Analysis) — The U.S. Department of the Treasury announced a new round of sanctions on Tuesday targeting individuals, entities, and aircraft linked to Iran’s weapons procurement and transport networks, as part of ongoing efforts to curb Tehran’s military capabilities.


In a statement, the Treasury said its Office of Foreign Assets Control (OFAC) had sanctioned 14 targets based in Iran, TĂĽrkiye, and the United Arab Emirates for their alleged roles in acquiring or moving weapons and related components on behalf of the Iranian government.


The move comes as Washington seeks to weaken Iran’s ballistic missile arsenal while preventing the country from rebuilding its production capacity. According to the statement, Tehran has increasingly relied on Shahed-series one-way attack drones to strike U.S. interests and allied targets, including regional energy infrastructure.


U.S. Treasury Secretary Scott Bessent said the measures were part of a broader campaign known as “Economic Fury,” aimed at holding Iran accountable.


“The Iranian regime must be held accountable for its extortion of global energy markets and indiscriminate targeting of civilians with missiles and drones,” Bessent said. “Under President Donald Trump’s leadership, Treasury will continue to follow the money and target the Iranian regime’s recklessness and those who enable it.”


The sanctions build on the implementation of National Security Presidential Memorandum 2, which directs U.S. agencies to limit Iran’s missile program, counter its weapons development, and restrict access to resources by the Islamic Revolutionary Guard Corps (IRGC).


Tuesday’s action also marks the fifth round of nonproliferation-related designations following the reimposition of United Nations sanctions on Iran in September 2025, which Washington said was triggered by Tehran’s failure to meet its nuclear commitments.


Among those targeted are individuals tied to Iran-based Pishgam Electronic Safeh Company, accused of procuring components used in Shahed-136 drones for the IRGC Aerospace Force. The company and its chief executive, Hamid Reza Janghorbani, had previously been sanctioned for supporting Iran’s drone and missile programs.


The Treasury said the latest measures were issued under Executive Orders 13382 and 13224, which target weapons proliferation networks and entities linked to terrorism.

The sanctions align with US actions targeting Iraqi militia networks:
https://kurdishpolicyanalysis.blogspot.com/2026/04/us-designates-iraqi-militia-commanders-terrorists-iran-proxies.html

They also reflect broader geopolitical tensions discussed here:
https://kurdishpolicyanalysis.blogspot.com/2026/04/iran-multi-front-crisis-strait-hormuz-kurds-us-strategy-rojelat-escalation-2026.html

Related analysis:
Qaani’s visit to Baghdad and regional implications:

https://kurdishpolicyanalysis.blogspot.com/2026/04/qaani-baghdad-visit-shiite-kurdish-rifts-iraq-iran.html 

#BreakingNews #Iran #Sanctions #USIran #Geopolitics #MiddleEast #IRGC #Drones #OFAC #Security


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