Tag Archives: Attack

Chinese customs data for November revealed it had stopped exporting oil products to North Korea.

U.S. oil producers have raised output C-OUT-T-EIA by more than 14 percent since mid-2016 to a record 9.62 million barrels per day.

Iran and Iraq signed a basic agreement in February that envisaged exporting Iraqi oil through the Iranian territory .

Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October. reports of disruptions in oil flows have been a daily occurrence.

While China pushes for the petro-yuan. Russia is also making moves which could have serious implications for the U.S. dollar.

Oil prices recently have become more sensitive to supply threats. such as the situation in Kirkuk.

Thousands of heavily armed Pehsmerga units are now completely in their positions around Kirkuk.

The Kurds have repeatedly called for negotiations following the referendum in which an overwhelming majority voted for independence.

Iraqi forces captured Mosul from Islamic State in July. after a grueling nine-month U.S.-backed offensive with the participation of Kurdish Peshmerga.

Russia’s rise came as U.S. policy makers grew preoccupied with Asia. and the American public tired of Middle East wars – something both Obama and Trump acknowledged.