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Showing posts with the label Kurdistan Regional

The Iraqi oil trap and its paradox: A rentier economy amidst geopolitical shocks

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In an economy dependent on oil exports, and with the disruption of crude oil tanker traffic through the Strait of Hormuz due to the US-Iranian war, the core of the problem lies not only in the volume of exports and the revenues generated from them, but also in how these revenues are managed, and in the amount of spending that depletes them. On September 22, 2026, Iraqi Prime Minister Ali Zaidi told The New York Times that Iraq had lost nearly $60 billion in oil revenue due to the war with Iran. For approximately two months, Iraq was unable to export 90% of its oil, while 90% of its economy depended on crude oil exports. Before June 2025, when the first round of the US-Israeli conflict with Iran erupted, the Central Bank of Iraq’s reserves had exceeded $110 billion, but by October 2026 they had fallen to less than $60 billion. Although Zaidi’s government managed to balance global polarization and geopolitical tensions during its first five months in office, the biggest problem was the i...

Kurdistan’s new Washington strategy: what the Continental Strategy deal signals

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Kurdistan is professionalizing its Washington strategy at a moment when its security, energy interests and relationship with Baghdad are increasingly shaped by U.S. policy. By Dr. Pshtiwan Faraj | Kurdish Policy Analysis A revealing development in Kurdistan’s foreign-policy strategy: the KRG has retained Continental Strategy for a $75,000/month U.S. engagement effort. This is more than lobbying. It reflects Kurdistan’s attempt to build stronger political access in Washington as its security, energy and relationship with Baghdad become increasingly intertwined with U.S. policy.  The Kurdistan Regional Government of Iraq has retained Continental Strategy to promote awareness and understanding of its interests among US policymakers, business leaders and key decision-makers. The six-month contract, which went into effect July 1, calls for a $75K monthly retainer. Thereafter, the pact shall continue month-to-month unless either party provides at least thirty days written notice of non...

Why the Kurdistan Regional Government Quietly Ended Its Washington Lobbying Contract

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  The KRG’s termination of a long-dormant lobbying agreement reflects shifting U.S. priorities, evolving Kurdish strategy in Washington, and the changing geopolitics of Iraq after the anti-ISIS era. Dr. Pshtiwan Faraj    | Sulaimani, Iraq | 06 May 2026  -- The Kurdistan Regional Government has formally terminated a lobbying registration with ArentFox Schiff LLP ,  quietly ending a Washington relationship that appears to have been inactive for years. The filing, submitted under the U.S. Lobbying Disclosure Act on April 29, 2026, officially closes out the KRG’s registration with the law and lobbying firm. Yet the most revealing detail may not be the termination itself, but the fact that every filing connected to the account since 2021 reported zero compensation. The administrative closure signals less a sudden political rupture than the formal recognition of a relationship that had effectively ended long ago. Still, the move comes at a sensitive geopolitical mom...

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