Turkey Formally Requests Iraqi Oil Sanctions Exemption From UN
Turkey formally asked the UN Sanctions Committee on 5 August for an exemption to buy Iraqi oil because it had been "directly and most adversely" affected by the six years of sanctions against Iraq with losses of around $27.3bn. Among the claims made by Turkey are annual losses of $400mn incurred by Botas, the state oil pipeline operator, as a result of the stoppage of the...
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