World Bulletin/News Desk
Our goal is to export half a million barrels of oil every day to the global markets by the end of the year, Nechirvan Barzani, head of the Kurdish Regional Government, said Wednesday.
"We are open to dialog and negotiations with Baghdad but we want 17 percent from the Iraqi budget. Baghdad acted unconstitutionally by cutting our share of the governmental budget. Oil sales are transparent and appropriate according to the constitution," Barzani told the regional parliament, adding that, "we can’t wait forever for a deal from Baghdad. We can sell our oil."
Baghdad filed a lawsuit against Ankara, after Kurdish oil was sold and transported through Turkey. The selling of the oil bypasses Iraq's national State Oil Marketing Company and violates the country’s constitution, Baghdad claims.
The oil has been sitting in the southeastern Turkish port of Ceyhan for the last six months, while Irbil and Baghdad negotiated an agreement for the oil sales.
The regional Kurdish government, however, says that Baghdad cut their share of the revenues from the national budget and that they are determined to export oil via Turkey in order to compensate for the loss, claiming to do so is a unequivocal constitutional right and in line with 2007's Iraq oil law.
Iraq holds the world's fifth largest known oil reserves with 143 billion barrels.
Saudi Arabia's King said he was heartbroken over a suicide bombing that killed 21 people, and adding that Saudi Arabia would never stop fighting armed group.
Opposition activists have said on social media that hundreds of bodies were in the streets of the city after it was seized
KDPI says PKK attacked a group of their Peshmerge on the Iran-iraq border, killed one and injured two.
The Egyptian-led drive called for tasking the UN secretary general with convening an international conference on making the Middle East a nuclear weapons-free zone by March 2016.
Iran's oil minister says OPEC unlikely to change its production ceiling
The delegation, contained Houthi spokesman and the head of the Houthi political council, was paying a visit to the sultanate at an invitation from it.
Philippine foreign department to appeal for Jennifer Dalquez, whose mother says she stabbed employer who attempted to rape her.
The Israeli army detained two Palestinian youths on the Gaza border
The contents of an Iranian aid ship will not be carried by Yemen but will be transferred to a World Food Program ship instead.
Barrel bombs have killed 14 people including children in a residential area in Deir Ez-Zor
The US and allies have staged 22 strikes near Ramadi since Friday
17 Egyptians were acquitted of charges of violating Egypt's protest law.
In meetings last week in Amman, the US ambassador on behalf of Israel, offered the use of Iron Dome technology to defend its border with Yemen where there is ongoing conflict
An Egyptian court has adjourned the Hamas lawsuit case until June 6.
Reports are coming in with witnesses saying that ISIL has raised their flag over Palmyra
The Turkish Foreign Ministry has denounced the bombing of worshippers by an ISIL-linked group.