Oil Tanker Sets New Course for Iraqi Kurdistan

(Wall Street Journal) Emre Peker, Justin Scheck, and Matt Bradley - An oil tanker carried more than a million barrels of crude from Iraqi Kurdistan across the Mediterranean Sea on Friday. The ship bears the first load of oil piped from Iraq's semiautonomous Kurdish region into neighboring Turkey in an act of defiance by the Kurdish Regional Government (KRG) of the Iraqi government. The new oil shipments will be a boon for the Western companies that have been spending billions of dollars to develop Kurdish fields.

2014-05-26 00:00:00

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