Iraq: no oil impact from reported Iran border incursion

Iraq's oil industry will not be affected by a reported cross-border incursion by Iranian troops, which Iran denies, the government spokesman said.

Iraq: no oil impact from reported Iran border incursion

Iraq's oil industry will not be affected by a reported cross-border incursion by Iranian troops, which Iran denies, the government spokesman said on Saturday.

Oil prices rose on reports of an incursion by 11 Iranian soldiers who Iraqi officials said had taken over a well at Fakka oilfield in a disputed border area of Iraq's southeastern Maysan province.

"This event ... will not affect Iraqi oil production or exports," Ali al-Dabbagh told Reuters television.

Iraq demanded on Friday that Iran immediately withdraw its soldiers from the disputed oilfield on the two countries' border, but Tehran denied any incursion.

Reuters
Last Mod: 19 Aralık 2009, 18:26
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