Global Energy Advisory 29th September 2017

Tensions in the Middle East have soared after 92 percent of Iraqi Kurds voted in favor of independence in Sunday’s referendum. The referendum has been slammed as unconstitutional by Baghdad, and Western Europe and the U.S. have urged the Kurds to cancel it and focus their attention on driving what remains of ISIS out of Iraq. It’s a big ask, though. The Kurds have been instrumental in pushing back ISIS in northern Iraq, and in protecting Kirkuk’s oil, and – in doing so – they’ve had their eye on independence. This independence…

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