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

September 27, 2017 JRL Russia List Iraq, JRL NewsBlog, Oil, Gas, Energy, Turkey

“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. …”