Report: Iran Steals $17 Billion in Iraqi Oil Annually

(Al Arabiya) According to a report by the London-based International Center for Development Studies, Iran is stealing large amounts of oil from neighboring Iraqi fields worth $17 billion a year. The amount of oil is estimated at 130,000 barrels and mainly comes from four Iraqi fields: Dehloran, Naft Shahr, Beidar West, and Aban. The transfer of oil is made possible through smuggling networks that take an average of 35,000 barrels a day into Iran.

2012-04-19 00:00:00

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