Iraqi oil bottlenecks bigger obstacle than unrest: IEA - ENERGY:
"Fighting in Iraq threatens Baghdad’s oil exports less than structural bottlenecks, but an Islamic offensive near the north oil hub of Kirkuk is “worrisome,” the IEA has said.
“The situation on the ground is highly fluid and infrastructure bottlenecks in the south, rather than the humanitarian disaster in the north, may remain the biggest hurdle to Iraq’s ability to deliver the supply growth expected from it,” the International Energy Agency said.
The analysis in its monthly report was written as U.S. air strikes appeared to help Kurdish peshmerga fighters push back an advance by Islamic State (IS) fighters on the crucial Bai Hassan oil field in northern Iraq."
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