Iraq: Oil dispute rekindles Baghdad-Kurdish tensions

Published by
Al-Araby

Iraq’s oil wealth is rekindling tensions between federal authorities and the autonomous Kurdish region, in a row that could compromise the lifeline industry and keep investors away, analysts say. The long-simmering dispute came to a head in February – at a time of political deadlock in Baghdad – when the federal supreme court ordered Kurdistan to hand over oil extracted from its territories to the federal authorities. Then earlier this month, a commercial court in the Iraqi capital annulled contracts between the Kurds and foreign firms, after the oil ministry in Baghdad filed a judicial compla…

Read More

Leave a Reply