The emerging Kurdish factor in global oil market
(WorldNews Business)

A hurricane of immense proportion is in the making and could hit the crude world any time soon. Iraq´s Kurdish provinces are scheduled to hold a referendum on independence this Monday. Although it may not bring Kurd independence any closer, yet it has the potential of adding another variable to the already complex global crude equation. Iraq´s Kurdish enclave, a semi-autonomous area, is controlled by the Kurdistan Regional Government (KRG). Many now say that the proposed referendum could be a recipe for more disruptions and chaos to the already volatile, energy-rich region. Oil is a major component of this ongoing battle of nerves in the region. As per the KRG, the area under its control...