Turkey has agreed to extend an expired oil pipeline deal with Iraq by one year, according to reports. The deal, which was set to expire, has been extended to allow for increased oil flows between the two countries.
The agreement is expected to benefit both Turkey and Iraq, with the increased oil flows providing a boost to the Turkish economy and helping to meet Iraq's growing energy demands. The deal is a significant development in the region's energy landscape, and is likely to have far-reaching implications for the global oil market.