(Bloomberg) – Commodity trading giant Trafigura Group is ending a relationship with the Kurdistan government in northern Iraq, a new blow to the region’s ability to sell its oil independently.
The split comes after Trafigura failed to renegotiate contract terms with the Kurdistan Regional Government following a drop in Kurdish oil prices, according to a person familiar with the matter. After the Kurdish government refused to renegotiate, Trafigura stuck…
