If the situation in Iraq deteriorates further in 2020, we could see real disruptions to the oil market that last more than just a couple of days.
surrounded the United States embassy in Baghdad. Ultimately, and thankfully, the American personnel remained unscathed, but it was a further reminder of the political unrest that continues to dominate that country. It also reminds us of the potential disruption that more unrest in Iraq could impact global oil markets.... [+]
army apache helicopter dropping flares over Baghdad's high-security Green Zone on December 31, 2019, after Iraqi supporters of pro-Iran factions breached the outer wall of the US embassy over weekend air strikes that killed pro-Iran fighters in western Iraq. - The US State Department said that embassy personnel are safe and there are no plans to evacuate, after Iraqi supporters of pro-Iran factions attacked the compound.
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