What does the ruling in favour of Iraq potentially mean for companies operating in Kurdistan? Share suspensions tomorrow?
By Gary Newman | Sunday 26 March 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Geo-political risk is a factor that people often overlook when investing in shares, but always has the potential to throw a big curve ball into the mix, and that has definitely been the case this weekend for anyone holding shares in the international oil companies operating in Kurdistan.
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.