Iraq/Kuridstan: Iraq’s Oil: A Factor for Unity or Division?

Aug 4, 2014 | Rudaw
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Washington DC - Oil has perhaps never posed a threat as big as it does now to the country’s territorial integrity.

Iraqi Kurds have threatened to declare independence after Baghdad suspended their 17% share of the country’s national revenue.

Baghdad says it maintains the sole authority to manage, sell, and export the country’s oil reserves. 

Kurdistan rejects this claim outright saying that Iraq’s constitution, which defines Iraq as a federal state, allows them to control oil in their own northern territory.