Tuesday, April 1, 2025

TIDBIT FROM FNU LNU, 1 APRIL

  Fnu Lnu   

Article:  "The United States has pushed the Iraqi government to finalise an agreement with international oil companies (IOCs) to resume crude oil exports through the Iraq-Turkey Pipeline (ITP)

 Quote:  "State Department...Reopening the ITP ensures Iraqi oil can reach global, especially European markets. Iraq benefits from the stability of resilient supply chains, as we all do."  

Here we are, once again, stressing the issue of stability. Stability can mean many things...I should imagine this is part of the puzzle that is the Trump promise of lower oil prices. 

Recall, there was a deal made not long ago on "special pricing" for the United States. Now Iraq must perform on its contract.

๐Ÿšจ๐Ÿ‡ฎ๐Ÿ‡ถ Iraq's Parallel Market Continues to Strengthen! The Gap with the Official CBI Rate Keeps Narrowing ๐Ÿ“ˆ๐Ÿ’ต

 CHANNEL8 As of July 20th, market exchanges are trading at $1 = 1,504 IQD ($100 = 150,400 IQD), showing a solid strengthening from July 1st ...