Renewed violence spreads to oil sector

Iraqi oil industry targeted in violent attacks as oil development comes into focus.

By SAMUEL CISZUK
IHS Global Insight

A significant proportion of the recent increase in bombings in Iraq has targeted oil installations, with a pipeline carrying crude from the northern Bai Hassan field being blown up yesterday, although it has had little noticeable effect on the northern region's exports.

This follows a string of other attacks, including a twin bombing targeting the Oil Ministry's main office in the Iraqi capital, Baghdad, on Monday (4 May) and a bomb that damaged the 16...

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