Frank26: RIght now WE ARE waiting for the new exchange rate! #iraqidinarinvestor #dinarrevaluation

 

REUTERS: TRUMP ADMINISTRATION GIVES IRAQ A CHOICE BETWEEN QUICKLY RESUMING KURDISH OIL EXPORTS OR FACING SANCTIONS, 27 FEB

REUTERS: TRUMP ADMINISTRATION GIVES IRAQ A CHOICE BETWEEN QUICKLY RESUMING KURDISH OIL EXPORTS OR FACING SANCTIONS

The United States of America threatened, today, Friday, February 21, 2025, the federal government in Iraq with sanctions if the Kurdistan Region’s oil exports are not resumed quickly.

Reuters quoted sources as saying: “The administration of President Donald Trump asked Iraq to resume (Kurdish) oil exports quickly or face sanctions alongside Iran.”

The sources added, according to Reuters, that “Washington believes that Kurdish oil sales may help reduce crude prices and compensate for the decline in Iranian supplies.”

Oil Minister Hayan Abdul Ghani revealed on Tuesday that Iraq had sent a delegation from the ministry to the Kurdistan Region to agree on a mechanism for delivering the region’s oil and exporting it through the Turkish port of Ceyhan.

The Minister of Oil explained that he had contacted the Minister of Natural Resources in the region, Kamal Mohammed Saleh, to negotiate with the delegation about the mechanism for receiving and exporting oil through the Turkish port of Ceyhan.

This came a day after Iraq accelerated the expected date for the resumption of oil exports from Kurdistan, as the federal oil minister said last Monday that oil exports from the Kurdistan region could resume within just a week. 

It is noteworthy that the President of the Region, Nechirvan Barzani, announced a few days ago that the resumption of shipments will likely take place next March.

Iraq exports between 400,000 and 500,000 barrels per day from fields in the north of the country, including the Kurdistan region, via the now-defunct Iraq-Turkey pipeline.

Oil Minister Hayan Abdul Ghani said earlier this month that at least 300,000 barrels per day of crude were planned to be moved once operations resumed.

In Iraqi Kurdistan, oil production ranges between about 280,000 and 300,000 barrels per day, and the regional government estimates its needs for domestic consumption – including power generation – at about 110,000 to 120,000 barrels per day.

TIDBIT FROM MARKZ, 27 FEB

  MarkZ   

[via PDK]   Reference Mnt Goat post 

  This is a very solid statement. Mountain Goat nailed it. This is also exactly what happened when Kuwait Revalued. 

Iraq has already named the basket of currencies to back the dinar. And the gold backed I-dinar will back it along with the basket of currencies.

Article:  “The return of exports and the absence of revenues-The oil file with Kurdistan opens a new page”  All of this is happening right now and is part of the HCL.

MNT: WHAT WILL ALLOW THE IRAQ DINAR TO RI? @DINARREVALUATION #iraqidinarinvestor

 

DESPITE IRANIAN DENIAL, A DELEGATION FROM WASHINGTON WILL ARRIVE IN BAGHDAD “SOON” TO BEGIN NEGOTIATIONS WITH TEHRAN – URGENT, 27 FEB

 DESPITE IRANIAN DENIAL, A DELEGATION FROM WASHINGTON WILL ARRIVE IN BAGHDAD “SOON” TO BEGIN NEGOTIATIONS WITH TEHRAN – URGENT

Former House of Representatives Rapporteur, Muhammad Othman Al-Khalidi, revealed today, Friday (February 21, 2025), the imminent arrival of a high-ranking American delegation to begin the first steps of indirect negotiations with Iran.

Al-Khalidi said in an interview with Baghdad Today, “It seems that the White House has decided to proceed with important negotiations with Iran through the Iraqi capital, Baghdad, even if indirectly,” noting that “the delegation that is expected to attend soon came after several messages were submitted through Iraqi mediators to Tehran in order to determine the features of the upcoming negotiations and the axes that will be discussed.” 

Al-Khalidi added, “The negotiations between Washington and Tehran are important for the Middle East region, in order to reduce tension and seek a way out of what is happening.” 

He pointed out that “what matters to us as Iraqis in these negotiations is that Baghdad not be an arena for conflicts and tensions, and that we be a party that enhances security and stability, and that we do not side with any axis,” stressing that “Baghdad is trying, through its relations with Washington and Tehran, to push all parties to negotiations that contribute to preventing the spread of crises and tensions in this vital region.” 

Al-Khalidi explained that “Washington and Tehran have come to realize that tension does not serve their interests, and therefore they are seeking points of understanding that can be built upon in negotiations that may contribute to resolving complex issues such as the nuclear file and other problems, including economic sanctions.” 

He continued: “Iraq will follow these negotiations in the hope that they will result in understandings between America and Iran that will have a positive impact on the region.”

Iranian government spokeswoman Fatemeh Mohajerani confirmed that negotiations with America under the current circumstances are meaningless.

According to Iranian media, she said, “In the situation where America is practicing a policy of maximum pressure, negotiations are meaningless, but we are a people ready to negotiate,” indicating, “The door to negotiations has always been open on Iran’s part, and whoever closes the door to negotiations is someone else.”

She continued: “They are the ones who did not abide by what they signed and left the negotiating table, while we are good negotiators and always welcome the opportunity to talk to the world and bring peace. ”

However, Iran’s Supreme Leader, Ali Khamenei, said that experience has shown that negotiating with the United States is “neither smart, nor honorable, nor wise,” and that negotiations with the United States will not solve Iran’s problems, according to Iranian media.

Khamenei’s statements came during his reception of a crowd of commanders of the Iranian Air Force, and in response to US President Donald Trump’s announcement that he had signed a memorandum preventing Iran from possessing nuclear weapons.

He stressed: “Negotiating with America has no effect on solving the country’s problems, and we must realize this fact correctly. They must not delude us that sitting at the negotiating table with that government will lead to solving this or that problem. No, no problem will be solved through negotiating with America, and past experience has proven this,” according to the Iranian agency.

TIDBIT FROM FRANK26, 27 FEB

 Frank26 

There are so many things that are at a standstill right now waiting for the new exchange rate.  

That is such an obvious indication that there is a new exchange rate.  Every time we see a pause, a delay, it's because it's looking for the new exchange rate.  Right now the evidence is showing that Sudani is really tightening up the security on the new exchange rate.

MARKZ: UPDATE ABOUT THE PAYMENTS OF THE HISTORIC BONDS! @DINARREVALUATION #iraqidinarinvestor