• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 16 hours Could Venezuela become a net oil importer?
  • 8 hours Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 19 hours Tesla Closing a Dozen Solar Facilities in Nine States
  • 1 hour Oil prices going Up? NO!
  • 16 hours Gazprom Exports to EU Hit Record
  • 18 hours EU Leaders Set To Prolong Russia Sanctions Again
  • 16 hours Could oil demand collapse rapidly? Yup, sure could.
  • 9 hours Oil prices going down
  • 19 hours Why is permian oil "locked in" when refineries abound?
  • 16 hours Oil Buyers Club
  • 19 hours EVs Could Help Coal Demand
  • 7 hours Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 1 day China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 1 day Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 2 hours Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 14 hours Saudi Arabia turns to solar
Oil Markets Will Only Get Tighter

Oil Markets Will Only Get Tighter

OPEC has agreed to increase…

Syria’s Kurds Aim To Control Oil-Rich Areas

Syria

The Kurds in Syria are vying for control over oil-rich areas in the country with the Syrian Arab army, Syria’s Foreign Minister Walid al-Moallem told his Russian counterpart on Wednesday.

“They [the Kurds] know well that Syria will not allow its sovereignty to be violated under any conditions,” al-Moallem told Sergey Lavrov at a meeting in Russia’s Black Sea resort of Sochi, as carried by Reuters.

“They are now drunk on U.S. assistance and support. But they need to understand that this assistance won’t last forever,” the Syrian foreign minister said.

Al-Moallem also said at the meeting with Lavrov that the U.S.-led coalition in Syria was “methodically destroying all except the IS.”

Up to 35 million Kurds live in the mountains straddling the borders of Turkey, Iraq, Syria, Iran, and Armenia. Kurds have never had an independent state, although they are the fourth-biggest ethnic group in the Middle East. Kurdish forces have been helping international coalitions to drive Islamic State out of Iraq and Syria.  

But tensions over Kurds and their self-rule have been rising since the Kurdistan region in Iraq held an independence referendum on September 25, in which the Kurds overwhelmingly voted for independence. The vote is seen as unconstitutional by Iraq and all its neighbors, as well as by Iran and Turkey—alongside the Iraq federal government—the most outspoken opponents of any Kurdish secession.

Related: Has The Bear Market In Oil Finally Ended?

Just after the Iraqi Kurdistan referendum, Syrian Kurd leaders told Reuters that they want autonomy as part of a decentralized Syria, but not secession. The Syrian government has said that it could be open to talks with Kurds when the fight against Islamic State is over.  

Backed by the U.S.-led coalition, the Kurdish YPG militia has recaptured many territories in Syria from ISIS since 2011. The main Kurdish parties in Syria now hold almost a quarter of the country.  

“Autonomy does not mean separation,” Kurdish politician Ilham Ahmed told Reuters at the end of September.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News