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Iran says IS resurgence could hamper oil deal with Iraq

An Iranian official warns that numerous attacks in Iraq have created security concerns that are preventing the countries from completing their oil deal, but some Iraqis think the Kurdistan Regional Government has engineered the situation because it no longer controls the oil.

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Flames emerge from flare stacks at the oil fields in the Dibis district in the outskirts of Kirkuk, Iraq, Oct. 17, 2017. — REUTERS/Alaa Al-Marjani

The Islamic State (IS) appears to be staging a comeback in parts of Iraq, which could endanger the country's oil deal with Iran.

Hamid Hosseini, the Iranian secretary-general of the Iran-Iraq Chamber of Commerce, warned in late February that the countries' plan can't be implemented fully because of security concerns. The countries signed a bilateral agreement in July 2017 to install a pipeline to transport Kirkuk’s crude oil to Iran to be refined. In the meantime, the oil is being transported by trucks, which are vulnerable to attacks.

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