The US has welcomed a new Iraq-KRG deal to reopen the Iraq-Türkiye pipeline, promising energy gains and economic stability for both nations.

BAGHDAD: The United States has formally endorsed a new agreement that will lead to the reopening of the Iraq-Türkiye pipeline, marking a significant development for regional energy cooperation and investment.

The announcement came after the Government of Iraq reached an accord with the Kurdistan Regional Government (KRG) and international oil companies. The agreement, facilitated in part by the US, aims to restore the flow of crude oil through the Iraq-Türkiye pipeline, which had previously been halted due to legal and technical disputes.

In a statement issued on Thursday, US Secretary of State Marco Rubio praised the breakthrough as “a win for both American and Iraqi interests.” He added that the agreement would “strengthen the mutually beneficial economic partnership between the United States and Iraq, encourage a more stable investment environment throughout Iraq for US companies, enhance regional energy security, and reinforce Iraq’s sovereignty.”

The Iraq-Türkiye pipeline has long been a critical energy route, allowing crude oil exports from northern Iraq to reach global markets through Turkish ports. Its reopening is expected to improve export capacity and help stabilise global oil supplies amid fluctuating geopolitical tensions.

Experts believe this move could further bolster Iraq’s role as a key player in the regional energy sector, while giving confidence to international investors. For US companies involved in Iraq’s energy infrastructure, the reopening presents new business opportunities under a more predictable regulatory environment.

The deal also signals improved coordination between Baghdad and the KRG, an important step toward long-term governance and economic unity within Iraq.