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Showing posts with the label Energy & Geopolitics

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 ...

Oil Surges Above $105 as Iran Tensions Rattle Global Markets

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 Oil Prices Rise as Iran Tensions and Regional Strikes Fuel Global Market Fears Brent crude jumps above $105 as traders react to renewed military tensions, Tehran instability, and growing fears over Gulf supply disruptions. By Dr. Pshtiwan Faraj, SULAIMANI, Kurdish Policy Analysis , April 24, 2026 Global oil markets surged on Thursday as renewed military tensions involving Iran triggered fears of fresh supply disruptions across the Gulf, the world's most critical energy corridor. Brent crude settled at $105.07 per barrel, while West Texas Intermediate closed at $95.85, each posting gains of more than 3 percent after briefly spiking even higher during intraday trading. The rally was sparked by reports of Iranian air defenses engaging targets over Tehran, alongside growing signs of political turmoil within Iran's leadership. Markets reacted swiftly to the prospect that escalating instability could once again threaten oil exports through the Strait of Hormuz. Tehran Turmoil Jolts ...

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