Iraq gets U.S. court order seizing Kurdish crude off Texas

GALVESTON, Texas (Bloomberg) -- The Iraqi Oil Ministry persuaded a U.S. judge to issue an order for the seizure of more than $100 million of oil in a tanker waiting off Galveston, Texas, that it claims was illegally pumped from wells in Kurdistan. Kurdish officials “misappropriated” more than 1 MMbbl of oil from northern Iraq and exported it through a Turkish pipeline, according to a complaint filed on July 28 in federal court in Houston.


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Iraq gets U.S. court order seizing Kurdish crude off Texas Iraq gets U.S. court order seizing Kurdish crude off Texas Reviewed by Crude Oil Brokers on 12:57 Rating: 5

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