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Iraq Offers Turkey 1 Million Oil Barrels Daily Amid Hormuz Crisis

Euronews1 min read197 words
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Iraqi Prime Minister Ali Zeydi arrived in Ankara on Tuesday for his first meeting with President Recep Tayyip Erdoğan since taking office, amid growing concerns over Turkey’s reliance on Gulf‑sourced oil. During the talks, Zeydi offered to supply Turkey with one million barrels of oil per day, a move that could help the country diversify its energy imports and reduce exposure to disruptions along the Strait of Hormuz.

The proposal follows Ankara’s recent efforts to secure alternative routes and partners for its energy needs, as geopolitical tensions and sanctions have strained traditional supply chains. Iraq, which has been negotiating higher oil prices with buyers, sees the deal as a way to strengthen ties with a key regional ally while ensuring a steady revenue stream. Turkish officials expressed interest in the offer, noting that it could enhance energy security for the country’s growing domestic consumption.

If the agreement is finalized, it would mark a significant shift in Turkey’s energy strategy and reinforce Iraq’s role as a pivotal supplier in the region. Both governments have indicated a willingness to move forward with detailed negotiations, with the outcome expected to influence broader Middle Eastern energy dynamics in the coming months.

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