Iraq and Turkey are working to establish a temporary agreement to ensure continued Iraqi oil exports via the Ceyhan port. This protocol is a response to the impending expiration of the current pipeline deal on July 27th. The temporary arrangement is expected to cover exports for a one-year period while both nations negotiate a new, long-term pipeline agreement. Officials from both Iraq and the Kurdish region have confirmed preparations for this interim solution. The move aims to prevent disruptions to the crucial oil flow which benefits both economies. Details of the agreement are still being finalized between Baghdad and Ankara. This demonstrates a continued effort to maintain regional energy cooperation despite ongoing negotiations.

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