๐บ๐ธ๐ฅ Washington Backs Baghdad-Erbil Oil Deal | Why It Matters Globally ๐ข️๐ฐ
๐ Curbing Smuggling, Boosting Investment & Keeping U.S. Inflation in Check
๐ฃ️ Economic Expert: Nabil Al-Marsoumi (via Facebook)
๐ก “Washington’s support for the Baghdad-Erbil oil agreement plays a key role in:
✅ Reducing oil smuggling
✅ Improving investment stability in Iraq
✅ Supporting U.S. economic interests”
๐ฆ What’s Happening?
๐ซ The Turkish oil pipeline has been shut down since March 2023
๐ Since then, some Kurdish oil has been smuggled to
๐บ๐ธ Washington wants to stop that — especially as it plans to reduce Iranian oil exports to ZERO as part of Trump’s maximum pressure policy.
๐ผ Why the U.S. Cares:
๐ต American oil companies are heavily invested in Kurdistan
๐ Smuggling cuts into their profits and creates market instability
๐ก️ A stabilized export framework benefits U.S. businesses and policy
๐ Bigger Picture:
๐ A stable Iraq = a safer environment for global and American investors
๐ข️ Resumed exports will help:
Offset reduced Iranian oil
Support global oil supply
✅ Keep oil prices lower
๐ธ Lower oil prices = less inflation pressure in the United States
๐ง Summary:
✔️ U.S. backs Baghdad-Erbil oil deal
✔️ Aims to stop illegal smuggling to Iran & Turkey
✔️ Boosts investor confidence in Iraqi oil sector
✔️ Protects U.S. economic & energy interests
✔️ Strategic move to contain inflation back home
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