Iraq/Kurdistan: Iraqi Kurds Dealt Setback by U.S. Court Ruling on Oil Sale

Sep 22, 2015 | Bruce Stanley and Laurel Brubaker Calkins, Bloomberg
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A U.S. federal court dealt a setback to efforts by Iraq’s self-governing Kurds to sell Iraqi crude oil in the U.S., further complicating the Kurdish drive for financial independence from the central government in Baghdad. The U.S. Court of Appeals in New Orleans dismissed an attempt by the Kurdistan Regional Government to overturn a judge’s earlier decision against its planned sale of oil to an unidentified buyer in the U.S. The KRG’s eventual sale of the disputed cargo in Israel made the appeal moot, the court said in a ruling.