Iraq-Iran Oil Swap Deal To Run For 1 Year OilPrice.com The oil swap deal that Iraq and Iran agreed to last week will run for one year and is subject to renegotiation, Iraq's Oil Minister, Jabbar al Luaibi told media. The deal envisages the swap of up to 60,000 bpd of crude oil, with the Iraqi oil coming ... Iraq boosts output capacity at Kirkuk oil refinery: oil ministry |