NEWSWATCH: “Oil prices rise to highest level in two years” – Intellinews/ Ben Aris

Oil Wells File Photo

“Trouble between Turkey and the Kurds led oil prices to rise to $59 per barrel on September 26, their highest level in more than two years. Kurds held a referendum in … Iraq calling for … an independent Kurdish homeland for the ethnic group, who spill over the borders of neighbouring Turkey, Iran and Syria. Turkish President Recep Tayyip Erdogan … has come down hard on the group following the referendum, including making a threat to ban exports of oil from the enclave that formerly remains part of Iraq, but in practise is run relatively independently from the centre. …”

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