πΊπΈπ₯ Washington Backs Baghdad-Erbil Oil Deal | Why It Matters Globally π’️π°
π Curbing Smuggling, Boosting Investment & Keeping U.S. Inflation in Check
π£️ Economic Expert: Nabil Al-Marsoumi (via Facebook)
π‘ “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”
π¦ What’s Happening?
π« The Turkish oil pipeline has been shut down since March 2023
π Since then, some Kurdish oil has been smuggled to
πΊπΈ Washington wants to stop that — especially as it plans to reduce Iranian oil exports to ZERO as part of Trump’s maximum pressure policy.
πΌ Why the U.S. Cares:
π΅ American oil companies are heavily invested in Kurdistan
π Smuggling cuts into their profits and creates market instability
π‘️ A stabilized export framework benefits U.S. businesses and policy
π Bigger Picture:
π A stable Iraq = a safer environment for global and American investors
π’️ Resumed exports will help:
Offset reduced Iranian oil
Support global oil supply
✅ Keep oil prices lower
πΈ Lower oil prices = less inflation pressure in the United States
π§ 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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