Iraq may make changes to the federal budget to pay international oil companies fees for oil extraction and transit. This step aims to restore the operation of an important oil pipeline during the next year, according to Bloomberg. Currently, negotiations are underway between oil companies, the Iraqi government in Baghdad, and the semi-autonomous Kurdistan Regional Government to resume the export of crude oil through Turkiye. The closure of the pipeline has led to the cut-off of almost half a million barrels of oil from the markets. halted flows on the pipeline – which carries oil from Iraq’s K…