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Iraq & Syria energy exports from Kurdistan regions

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ʶԳ’s Julien Mathonniere says the US has two goals: keep oil prices low and completely phase out Iran’s influence in Syria. One way to have both is to stop Kurdish oil from being smuggled by truck to Iran and instead return it to the global market to increase supply and keep prices low; hence, the US pressure on Iraq to resume pipelined Kurdish oil flows to Ceyhan. Syria only produces 90,000 b/d and it remains unclear how it will pay for crude supply without Iran backing, nor how much repair its derelict oil infrastructure needs before things get back to normal.

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