LONDON (Reuters) - A new U.S. approach is needed to facilitate the re-opening of a pipeline between Iraq's northern semi-autonomous Kurdistan region and Turkey, a trio of U.S. congressmen urged President Biden in a letter seen by Reuters.
The pipeline contributes about 0.5% of global oil supply, and has been shut since March, costing the Kurdistan Regional Government (KRG) roughly $4 billion in lost exports, according to two sources familiar with the matter.
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