BEIRUT, LEBANON (10:35 A.M.) – Israeli prime minister Benjamin Netanyahu is very upset with Baghdad’s decision to drive back pro-Barzani forces from important cities and energy sites in Iraq.
One week ago, Iraqi pro-government forces launched a powerful offensive along the entire Kurdish frontier in northwestern Iraq, liberating a number of cities and towns and re-claiming from pro-Barzani militants the strategic Kirkuk oilfields and the Mosul Dam.
Perhaps more upset with this outcome than Barzani loyalists is Israeli prime minister Benjamin Netanyahu and the Israeli government on a whole whose sense of oil security has been somewhat breached.
Under the control of pro-Barzani forces, the Kirkuk oil fields provided Israel with 77 percent (2015 estimate according to the Financial Times) of its imported oil needs at rock-bottom prices.
The Israeli head of state is currently lobbying world powers to take action against Haider Al-Abadi’s government and turn back the gains of Iraqi forces.
Whilst it is highly unlikely that Baghdad will cease sending oil to Israel, the price for its purchase will undoubtedly go up to levels that Israel is traditionally uncomfortable with.