EU Weighs Oil Steps While Arming Kurds Against Islamists

August 14, 2014 5:18 PM

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European Union foreign ministers are set to explore ways to squeeze the finances of Islamist militants bolstered by oil fields captured during their advance through Iraq.

Ministers due to attend an emergency meeting in Brussels tomorrow plan to consider options on oil-market measures and the direct supply of arms to Kurdish forces fighting Islamic State in northern Iraq, an EU official told reporters today, asking not be named because the discussions are private.

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