State Dept. slams Hunt Oil-Iraq deal

The U.S. State Department said oil companies who sign deals in Iraq with the Kurdistan Regional Government are taking a risk, and this is what they tell companies who contact them.

When queried about the Hunt Oil deal signed with the KRG earlier this month, a state department spokesman said he was "not sure how much contact" Hunt had with the U.S. government prior to the signing, but that it hurts efforts at reconciliation and a national oil law.