Kurdish Independence Could Deal A Major Blow To Oil Markets

The future stability of OPEC’s second-largest oil and gas
producer could be decided by the end of 2017. Unrest is growing in
Iraq as the Kurdish referendum grows nearer. Soon, the Iraq that we
have known since the end of WWII could be drawing new borders. At
the same time, the conflict between the Shi’a (supported by Iran)
and the Sunni (Saudi-UAE) could be heating up again. Regional
actors and political friction have added fuel to the fire, in the
first signs that the strong Shi’a majority is experiencing internal
instability.…

The future stability of OPEC’s second-largest oil and gas
producer could be decided by the end of 2017. Unrest is growing in
Iraq as the Kurdish referendum grows nearer. Soon, the Iraq that we
have known since the end of WWII could be drawing new borders. At
the same time, the conflict between the Shi’a (supported by Iran)
and the Sunni (Saudi-UAE) could be heating up again. Regional
actors and political friction have added fuel to the fire, in the
first signs that the strong Shi’a majority is experiencing internal
instability.…