The Kurdish Oil Gamble Has Backfired

Since September’s independence referendum and October’s dramatic Kirkuk re-capture by Iraqi troops, the drama over Kurdish oil continues, with new developments occurring early this week. On Sunday, the government of the Kurdish autonomous region of Iraq indicated it was prepared to hand over oil facilities, airports, border points and state revenue to Baghdad, provided the central Iraqi government agreed to hand over the Kurdish share of the national budget. The long-running dispute over the country’s oil revenues is at the center…

The post The Kurdish Oil Gamble Has Backfired appeared first on aroundworld24.com.