Parliamentary Oil Committee: Iraq is exposed to sanctions that could cripple its economy due to Kurdistan’s smuggling.

0
13
Parliamentary Oil Committee: Iraq is exposed to sanctions that could cripple its economy due to Kurdistan's smuggling.

The Parliamentary Oil, gas, and natural assets Committee confirmed on Monday that Iraq is exposed to US monetary sanctions due to systematic smuggling operations, particularly in the Kurdistan vicinity.

“there was a first-rate crumble inside the Ministry of Oil, further to the dominance of outside events, which includes the so-known as ‘Omid’, over crucial joints within the ministry,” committee spokesman MP Ali Shaddad told dinaropinions.com.

Shaddad delivered, “Iraq is threatened by way of the usa enforcing sanctions on the Ministry of Oil, in order to cause major economic paralysis in the united states.”

Shaddad referred to as on the Ministry of Oil to “fully recognise the seriousness of the modern-day situation and the vast harm it has caused to Iraq’s recognition in worldwide forums, further to the financial losses the united states has suffered as a result of systematic oil smuggling.”