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Iraqi Supreme Court Delivers Blow To Kurdistan Oil Talks

Politics, Geopolitics & Conflict

- Those watching the oil companies operating in Iraqi Kurdistan have of late been rather optimistic over talks between the Kurds and Baghdad since the appointment of a new Iraqi government in October last year. Since then, the dispute over Kurdish oil seemed to have died down, with Baghdad putting a lid on its aggressive legal battle over Kurdish oil. This week, however, the Iraqi Supreme Court delivered a serious blow to these talks, ruling federal budget disbursements to the KRG illegal. That will set back the oil talks—again.

- Alliances continue to shift drastically in Libya, which remains paralyzed by rival governments who have been biding their time as they wait and see where external forces will move as a result of Russia’s war on Ukraine. As we have noted previously, the U.S. has dialed down its support for General Haftar of the Libyan National Army (LNA) in the east, primarily because he is also supported by Russia’s Wagner private mercenaries. This week, we saw the CIA director show up in Tripoli to meet with incumbent prime minister (of the west) Dbeibah and the Government of National Unity (GNU). Indications are now that the CIA is pressuring Haftar to allow the GNU to govern in the east, in his territory and to refrain from threatening blockades of oil installations. There have been earlier indications, as well, that some sort of deal between Haftar and Dbeibah has been in motion for some time.…

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