Baghdad's 32,000 Oil Price Surges to 170,000 Dinars; Why Was Distribution Halted?
Channel8 · 21 May 2026 · auto-translated

Baghdad's 32,000 Oil Price Surges to 170,000 Dinars; Why Was Distribution Halted?

Despite the approach of summer, a significant portion of the federal government's white oil intended for the Kurdistan Region has not been distributed, leading to a rise in oil prices in the market.


AI Translated Summary:
The price of oil in Baghdad has surged to 170,000 dinars, raising questions about the distribution of federal oil to the Kurdistan Region. Despite the summer season approaching, significant amounts of white oil have not been allocated to the region, impacting market prices.


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