Low global oil prices are wreaking havoc on Iraqi Kurdistan's finances. Although the cash-strapped Kurdish government has managed to export oil independently of Baghdad since June 2015, it will increasingly rely on foreign support the longer oil prices remain depressed, regardless of how much control it has over its oil export revenue. The Kurdistan Regional Government (KRG) will rely heavily on Turkey to keep oil exports and revenues flowing as it struggles to address both its own disintegration and the profound effect that the financial strain is having on the morale of peshmerga fighting the Islamic State. Even if oil prices rise enough to enable the Arbil-based government to meet its spending needs — or even start to repay its estimated $14 billion in debt, $4 billion of which is owed to oil companies alone — many of the legal challenges to the KRG's authority will remain.