A Million Barrels Of Iraqi Oil Per Day Could Be Diverted By Protests
Recent violent protests in Iraq could lead to a million barrels a day of Iraqi oil being pulled from the market, RBC head of commodities Helima Croft said on Tuesday, warning that energy markets could be affected if protests continue to escalate . The protests began after Muqtada al-Sadr, a powerful Shiite leader in Iraq, announced he would retire from politics, prompting Sadr’s supporters to call for violence in the Iraqi capital, Reuters reported....