RealNews

Iraq oil law talks stall on right to clinch deals

An Iraqi government committee drafting an oil law has failed to agree whether regions or the centre should sign deals on foreign investment and it is up to political leaders to find a solution, sources said on Wednesday. Sources among Iraq’s Shi’ite majority and close to the talks said the chief sticking point was the insistence of the ethnic Kurds, whose region embraces the country’s northern oilfields, that it should have the right to control undeveloped deposits. Full Story

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