Tishwash: Why was 06:00 set for Kurdistan oil exports?
For two main reasons, 06:00 am was set as the time for Kurdistan oil exports.
After more than two and a half years of suspension, at 6:50 am on Saturday, September 27, 2025, the export of Kurdistan Regional Government (KRG) crude oil from the Peshawar oil field to the Turkish World Port resumed.
Kewan Hassan, a technology consultant, told Kurdistan24 on Saturday, September 27, 2025, that 06:00 am is the standard time to start selling and trading international oil; This is due to two main factors related to the integration of global markets and electronic systems.
1. Official time of global markets
According to Kewan Hassan, the oil market, especially for futures and contracts on exchanges such as NYMEX and ICE, have a common timing system for all transactions. These transactions often start at a certain time, which is set at 06:00 am New York/London time to ensure consistency and balance in the market. This integration helps markets work smoothly around the world.
2. Harmonization of electronic systems and banks
The technology consultant added that as oil transactions are conducted electronically and systematically, there is a need for a consistent timeline for global companies. At that point, computerized systems and banks begin executing sell and buy orders simultaneously, guaranteeing that all parties operate on the same timing level and that the overall market impact is evenly distributed to all.
This system integration is important to reduce complexity and ensure speed and accuracy in large oil transactions. link
Tishwash: State Department: We helped to reach an agreement between Erbil and Baghdad
The US State Department has confirmed that it has supported an agreement between Erbil and Baghdad to resume Kurdistan oil exports.
On Saturday, September 27, 2025, US State Department spokesman Tammy Bruce said in a statement that the US participated in the agreement between Erbil and Baghdad that led to the resumption of oil exports to Turkey.
“We are in constant contact with the Iraqi government and are committed to all our partners across the country, and are working to build a sovereign, stable and developed state,” he said.
“In engaging with the Iraqi government, we support those who share our risks and priorities,” Bruce said.
He stressed that the resumption of oil exports will also benefit the United States and Iraq.
Kurdistan Regional Government (KRG) resumed oil exports to Turkey on Saturday, September 27, 2025 at 6:50 am.
The Kurdistan Regional Government (KRG) and the Iraqi government have agreed to export 190,000 barrels of oil per day to the port of Jayhan in the first phase. link
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Tishwash: Prime Minister: The government has achieved significant accomplishments in less than three years.
Prime Minister Mohammed Shia Al-Sudani affirmed, on Saturday, that the government has been able to achieve great accomplishments in less than 3 years, while pointing out that the electoral entitlement is important, as the awareness of the citizen will be the deciding factor in shaping the political future in Iraq, and non-participation will have its repercussions.
The Prime Minister’s media office said in a statement received by the Iraqi News Agency (INA): “Prime Minister Mohammed Shia Al-Sudani received sheikhs and dignitaries of the tribes of the northern Baghdad regions, in the presence of former Deputy Prime Minister Bahaa Al-Araji.”
Al-Sudani stressed, according to the statement, that “the country has overcome difficult stages that were ravaging our societies, our children and our cities, and the killing, destruction and incitement of sedition that accompanied them,” indicating that “the awareness and stand of the Iraqi people thwarted the plans of sedition, and Iraq today enjoys security and stability achieved through great sacrifices.”
Al-Sudani explained that “the government has been able to achieve great accomplishments in less than three years, despite the unnatural circumstances and events that the region has experienced. It dealt with them wisely and responsibly, and prioritized the interests of Iraq and its people. The country is today on the right track and we have a clear vision for management and facing challenges.”
He pointed out that “the electoral entitlement is important, as the citizen’s awareness will be the deciding factor in shaping the political future in Iraq, and failure to participate will have repercussions.” He stressed that “the government needs an important, influential and large parliamentary bloc to be more productive.”
Al-Sudani stressed that “Baghdad, with its cities, districts and sub-districts, has suffered greatly from terrorism that has disrupted the work of institutions and local governments from performing their duties,” indicating, “There was poor planning, mismanagement and corruption despite the allocation of large funds in various budgets.”
He pointed out that “Baghdad has more than 9.5 million people according to the latest population census, a 35% increase that is putting pressure on services,” noting that “the service effort has implemented projects in neighborhoods that have not seen services for years.”
He stressed that “citizens are today seeing our measures to address stalled and stalled projects, especially in Baghdad,” explaining that “the rehabilitation of Baghdad’s northern entrance is a sustainable and integrated project, and citizens have expressed their satisfaction with the completed service projects.”
Al-Sudani concluded by saying: “We are working to improve the economic and financial situation of Iraq, and we have put in place plans for reform, investment in human and natural resources, and diversification of economic sources.” link