Oil prices fell on Friday and were headed for their first monthly drop since November, as markets watched an Oval Office argument between the U.S. and Ukrainian presidents while also bracing for Washington's new tariffs and Iraq's decision to resume oil exports from the Kurdistan region.

Eight international oil firms operating in Iraq's semi-autonomous Kurdistan region said they would not resume oil exports through Turkey's Ceyhan on Friday despite an announcement from Baghdad that the restart was imminent.

Oil prices fell more than 1% on Friday and were headed for their first monthly drop since November, as markets braced for Washington's new tariffs and Iraq's decision to resume oil exports from the Kurdistan region.

All Kurdish militants in Iraq and Syria, including U.S.-allied Syrian Kurdish forces, must lay down their weapons after the peace call from the jailed leader of the outlawed Kurdistan Workers Party (PKK),

Kurdish militant leader Abdallah Ocalan has asked his followers in the Kurdistan Workers’ Party (PKK) to lay down arms and dissolve the group, potentially ending a decades-long conflict with Turkey that is estimated to have killed at least 40,

Iraq's top energy official says pipeline could re-open today, but operators in Kurdistan will not export oil until payment issues resolved

ISTANBUL - Tayyip Erdogan's long-held goal of ending Turkey's conflict with Kurdish militants is a step closer after their jailed chief's peace call, giving the president a potential political boost at home and a chance to resolve key regional security concerns.

ANKARA, Turkey (AP) — The imprisoned leader of the Kurdistan Workers' Party has called on his organization to disarm and dissolve as part of a new effort to end 40 years of fighting between the state and the banned militant group.

Iraq’s oil ministry has announced the resumption of oil exports from northern Iraq’s semi-autonomous northern Kurdish region

The fighting has taken more than 40,000 lives over the past four decades. The group’s leader is now calling for its fighters to put down their arms.

Turkey says it has yet to hear from Iraq about restarting oil flows through an export pipeline from the semiautonomous Kurdistan region, casting doubt on expectations for an imminent resumption.