BREAKING NEWS

Iraqi Kurdistan says no oil until deal on payments

BAGHDAD - Iraq's autonomous northern Kurdish region will not resume oil exports until an agreement has been reached with Baghdad on payments for oil companies working in the area, Kurdish Energy Minister Ashti Hawrami said on Monday.
The Kurdistan Regional Government stopped oil exports on Sunday, accusing the central government of failing to pay producers in the north, the latest clash in a long-running feud over control of oil in the north.
"Oil exports will not start again unless there is an agreement on the payment policy," Hawrami told Reuters in an interview.