Iraqi Kurdistan faces first major oil outage since referendum


By Julia Payne and Ahmed RasheedLONDON/BAGHDAD (Reuters) - Iraq's Kurdistan's oil exports more than halved on Wednesday in the first major supply disruption since the independence referendum last month as Iraqi military retook some of the biggest fields from Kurdistan's Peshmerga forces.

Kurdish oil exports from the Mediterranean port of Ceyhan have dropped to just 225,000 barrels per day on Wednesday compared to normal flows of 600,000 bpd with both Kurdish and Iraqi sources citing technical glitches in the Kirkuk area.The area came under the.....

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