US backed Iraq-kurd oil deal to keep Mosul battle on track

October 5, 2016 7:13 AM

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US backed Iraq-kurd oil deal to keep Mosul battle on track

Stephen Kalin and Dmitry Zhdannikov - Shuttle diplomacy by the United States’ envoy to the anti-Islamic State coalition brokered an oil deal between Iraq and its Kurdish region vital to a climactic battle with the militants, diplomats, officials and oil men say.

The oil revenue-sharing deal sealed in August was critical to getting the central and regional governments to coordinate planning for a push on the Islamic State stronghold Mosul, which Kurdish peshmerga forces surround on three sides, as soon as this month, the sources said.

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