Netanyahu Very Upset with Iraqi Forces Capturing Kirkuk, Takes Action to Reclaim Oil

In-depth Report:

Israeli prime minister Benjamin Netanyahu is very upset with Baghdad’s decision to drive back pro-Barzani forces from important cities and energy sites in Iraq.

One week ago, Iraqi pro-government forces launched a powerful offensive along the entire Kurdish frontier in northwestern Iraq, liberating a number of cities and towns and re-claiming from pro-Barzani militants the strategic Kirkuk oilfields and the Mosul Dam.

Perhaps more upset with this outcome than Barzani loyalists is Israeli prime minister Benjamin Netanyahu and the Israeli government on a whole whose sense of oil security has been somewhat breached.

Under the control of pro-Barzani forces, the Kirkuk oil fields provided Israel with 77 percent (2015 estimate according to the Financial Times) of its imported oil needs at rock-bottom prices.

The Israeli head of state is currently lobbying world powers to take action against Haider Al-Abadi’s government and turn back the gains of Iraqi forces.

Whilst it is highly unlikely that Baghdad will cease sending oil to Israel, the price for its purchase will undoubtedly go up to levels that Israel is traditionally uncomfortable with.

Featured image is from the author.


Articles by: Andrew Illingworth

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]

www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]