The UAE holds a major oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai

Iraqi and regional Kurdish government officials did not immediately acknowledge the pipeline reopening, though Iraq’s oil minister has said it was anticipated, without elaborating. Gulf Keystone Petroleum Ltd., which operates Shaikan oil field in Kurdish region of Iraq, saw its stock jump up by over 20 per cent in trading Monday on the London Stock Exchange on news of the pipeline restarting.

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