Iraq is awaiting a response from Turkey “within the next 24 hours” regarding the readiness of the pipeline designated for the Kurdistan Region’s oil exports, an official from Iraq’s oil ministry said on Sunday.

Iraq plans to resume exporting 185,000 barrels per day from Kurdistan's oilfields via the Iraq-Turkey pipeline. A total of 300,000 bpd is available for export, with the rest used domestically. The resumption follows completed procedures to end a long-standing dispute and pending Turkish confirmation.

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran, eight sources with direct knowledge of the matter told Reuters.

Iraqi authorities have rejected reports that they have allowed a resumption of oil exports from the Kurdistan region because of threats by the US government.

Oil exports from the semi-autonomous Kurdistan region will resume next week, Iraq's oil minister said on Monday, resolving a near two-year dispute as ties between Baghdad and Erbil improve, potentially adding more supply to the oil market and weighing on prices.

Iraq has completed preparations to resume oil exports from the Kurdistan region through the Iraqi-Turkish pipeline via the port of Ceyhan, the Ministry of Oil announced on Saturday. The move aligns with the budget law and Iraq’s OPEC production quota.

The Iraqi Oil Ministry announced the completion of all procedures required to resume oil exports from Iraqi Kurdistan.

Kurdistan is set to resume oil exports by the end of March following a two-year halt due to a dispute with the Iraqi government.

The president of Iraq’s semi-autonomous Kurdistan region signaled the likely resumption of oil exports next month, the latest optimism that an almost two-year shutdown that cost the nation some $19 billion in lost revenue could soon be over.