Iraq once again threatens Turkey with tough measures over its oil deals with the Arab country\'s Kurdistan Regional Government.
Oil Minister Abdel-karim al-Luaybi says Ankara\'s plan to import oil from its northern region is a QUOTE red line for Iraqis. Al-Luaybi warned that his government will... Show More >>
Iraq once again threatens Turkey with tough measures over its oil deals with the Arab country\'s Kurdistan Regional Government.
Oil Minister Abdel-karim al-Luaybi says Ankara\'s plan to import oil from its northern region is a QUOTE red line for Iraqis. Al-Luaybi warned that his government will cancel all the current contracts with Turkey if it allows Kurdistan\'s oil to be exported to international markets. The Iraqi minister added that Ankara\'s decision is not in Turkey\'s interests. The remarks are made a day after the Iraqi minister said Baghdad will take legal action against Turkey over the issue. The row between the two sides deepened after Iraq\'s Kurdish region announced that its first direct shipment of oil to Turkey has gone on sale.
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