Oil - Iraq-Turkey oil pipeline explosion and fire

  • Report out of Turkey (via state-owned operator Botas)

Transit through the Iraq-Turkey oil pipeline has been halted

  • After an explosion and subsequent fire.

This pipeline normally carries over 450kb/d from northern Iraq into the Mediterranean port of Ceyhan

Factors pushing up the price of oil continue to mount!

Pic via Wikipedia:

iraq turkey oil pipeline kurkuk ceyhan
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