Iraq: Iraq’s Future- It’s the Oil, Stupid

Nov 24, 2014 | Hellenic Shipping News
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This week, Iraq’s Prime Minister Haider al-Abbadi is scheduled to visit Erbil, his first visit to the capital of the Kurdistan Region of Iraq as premier. The lead-up to the visit has been long and torturous, including months of speculation and tactical manoeuvring over the potential form of a revenue-sharing deal between Baghdad and the Kurds.

Though less dramatic than the day-to-day fighting against the Islamic State of Iraq and the Levant (ISIL), the outcome of these negotiations could do more to cement the unity of Iraq – or hasten its break-up – than events taking place on the battlefield.