
The Secret Behind Iraq’s 6:00 AM Oil Clock Explained!
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After more than two and a half years of suspension, link to My FX Buddies Blog the Kurdistan Region’s oil exports officially resumed — at a very specific time: 06:00 AM. But why that exact hour?
According to technology consultant Kewan Hassan, it’s no coincidence. The timing is tied directly to global market integration and electronic trading systems that keep the world’s oil flowing in sync.
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⏰ Here’s why 6:00 AM matters: Global Market Start: It aligns with the opening hours of the world’s top oil exchanges — NYMEX in New York and ICE in London — ensuring Kurdistan’s exports are in step with international pricing and futures contracts.
Electronic System Synchronization: At 6:00 AM, banking systems, trading platforms, and data networks worldwide begin processing oil transactions simultaneously. This guarantees consistency, reduces transaction delays, and ensures global liquidity moves evenly. The restart of Kurdistan’s oil exports from Duhok’s Peshawar field to Turkey’s World Port marks not just a return to trade, but Iraq’s reentry into the precise rhythm of global energy markets. #iqd #IraqiDinarNews #iraqidinar