IRAQ

The Kurdistan Regional Government (KRG) has given the green light to foreign operators to market their entitlement oil directly to markets, as Hungarian MOL became the first oil company with assets in Kurdistan to purchase directly a cargo of Kurdish oil. To date, the KRG has had limited success in selling its crude oil to refiners fearful of the threat of legal action by Baghdad.            

The US, which mobilized its air force to come to the aid of the...