Kurdistan's Oil Profits: American Companies & Local Elites Plunder Iraq's Wealthlink to My FX Buddies Blog
Organized Plunder? A major scandal is erupting over oil contracts in Iraq’s Kurdistan region. According to economic analyst Ahmed Al-Waili, secret and unconstitutional clauses in deals with American companies are siphoning 75% of oil profits to ruling parties and foreign firms — with zero benefit to Iraq’s state treasury.
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In this video, we break down:
The alleged 25/75 oil profit split that bypasses Baghdad
Why this could be a violation of Iraq’s sovereignty and economic stability
How the federal government is still paying Kurdistan’s salaries while receiving no oil revenue in return
The urgent calls for intervention from Iraq’s parliament and judiciary
What this means for Iraq’s long-term energy future
🎯 Whether you're watching from Iraq or around the world, this story affects more than oil — it’s about accountability, national wealth, and the fight against corruption.
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📥 Drop your thoughts in the comments: Should the federal government take stronger action against regional oil violations?