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Iran prohibits oil trade between Iraq and the reservoir area

Iran prohibits oil trade between Iraq and the reservoir area

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  In September 29th, Iran announced a ban on the shipment of crude oil between Iran and Iraq's Kurdish autonomous region as a counter measure for the referendum on the independence of the Iraqi reservoir.

  Authorities in Iran announced a temporary ban on the transportation of crude oil products between Iran and Iraq's Kurdish autonomous region, according to Iran's semi official news agency, Tasmanian Nimes news agency 29. President Rouhani of Iran said earlier that the independent referendum in the Iraqi reservoir area threatened regional stability and that Iran fully supported the central government of iraq.

  The threat of soil will limit and ikuu Oil Trade Zone

  In September 28th, the government of Turkey once again indicated that it would strictly restrict the oil trade between Iraq and the reservoir area. The same day, said Turkey's prime minister Yildirim and Iraqi Prime Minister Abadi call, the Iraqi central government will support earth proprietary oil export rights. According to reports, the Iraqi reservoir area in recent years has been exported oil through Turkey, oil revenue is also the main source of financial revenue in the reservoir area of iraq.

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