Iraqi Supreme Court Delivers Blow To Kurdistan Oil Talks

Politics, Geopolitics & Conflict - Those watching the oil companies operating in Iraqi Kurdistan have of late been rather optimistic over talks between the Kurds and Baghdad since the appointment of a new Iraqi government in October last year. Since then, the dispute over Kurdish oil seemed to have died down, with Baghdad putting a lid on its aggressive legal battle over Kurdish oil.

This week, however, the Iraqi Supreme Court delivered a serious blow to these talks, ruling federal budget disbursements to the KRG illegal. That will set back…