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Houston - U.S. To Seize $100 Million Of Iraqi Kurdish Oil In Tanker Off Texas

Jul 29, 2014 at 12:38 PM

Houston - U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region. The tanker United Kalavrvta, carrying some 1 million barrels of Iraqi Kurdish crude oil...

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