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Iraq has banned three tankers

Iraq has banned three tankers
Three oil tankers, two Suezmaxes and one Panamax, have been banned from loading at Iraqi oil terminals as a reaction to direct exports of crude by the Kurdistan Regional Government (KRG) over the objections of Baghdad.
“The United Carrier, the United Dynamic and the Nautilus will no longer be permitted to enter Iraqi oil terminals and other terminals to be used for export of Iraqi crude oil in future,” Platts said, citing Iraq’s State Oil Marketing Organization (SOMO) notification.
 
The ban is said to have been imposed so as to prevent the tankers transport crude for the KRG.
 
According to a Platts source, several other ships that loaded Kurdish crude have been blacklisted by Iraq.
 
Baghdad has been threatening to ban customers from buying other Iraqi crude grades for some time and to take legal action against anyone involved in the oil’s sale, the Wall Street Journal writes.
 
Kurdish leadership has encountered numerous obstacles in their attempts to sell oil independently due to defiance from Iraqi’s central government, claiming to be the only authority entitled to sell this natural resource.
 
 
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