IRAQ

Baghdad has warned Turkey it risks major sanctions for allowing KRG exports through Ceyhan. But the ISIS advance means Baghdad now has more on its plate.

Iraqi oil minister ‘Abd al-Karim al-Laibi says Baghdad is considering further measures against the Kurdistan Regional Government (KRG) after a second tanker laden with Kurdish oil completed loading at the Turkish port of Ceyhan.

Mr Laibi, speaking to reporters in Vienna ahead of the OPEC ministerial meeting on 11 June, said...