WORLD
Iraq's deputy interior minister denied reports that Iranian troops had crossed into Iraqi territory and briefly occupied a remote oilfield area.
Iraq's deputy interior minister denied on Friday reports that Iranian troops had crossed into Iraqi territory and briefly occupied a remote oilfield area.
An Iraqi security source in southeastern Maysan province, speaking on condition of anonymity, said Iranian troops made their way on Thursday onto the Fakka oilfield area, located just on the Iraqi side of the long desert border of two countries, then withdrew after several hours.
Iraq's deputy interior minister Ahmed Ali al-Khafaji said no incursion took place.
"This news is not true. This field is disputed and now it is neglected by both sides. There was no storming of the field, it's empty, it's abandoned, it is exactly on the border between Iraq and Iran," he said.
US crude for January delivery hit a high of $74.32 on the reports, before falling back.
According to Arabic-language television reports, Iranian troops entered the Iraqi field and raised an Iranian flag. Ties between Iran and Iraq, which fought a bloody eight-year war in the 1980s, have improved since a Shi'ite-led government took over in Baghdad following the ousting of Sunni Arab leader Saddam Hussein in 2003.
Yet tensions have flared in the past in the inhospitable desert region, just one of many flashpoints where continuing disagreement over shared borders between the majority Shi'ite Muslim neighbours has fuelled a low-level public feud.
With Washington and Tehran at odds over Iran''s nuclear programme, the Iran-Iraq relationship is more delicate given the presence of 115,000 US soldiers on Iraqi soil.
Oil reserves
A source in the Iranian embassy in Baghdad said he had no information about such an event.
"If such a thing had happened, they would have told us," he said, referring to the Iranian government in Tehran.
Iraqi interior minister Jawad al-Bolani, speaking on al-Arabiya television, said the Iraqi government would make an additional statement on events at Fakka.
"Iraq will not give up its oil wealth, no matter the reason," he told the news channel. He did not say when the government might make the statement.
Iraqi government spokesman Ali al-Dabbagh said ministers would meet this evening on the issue and would make a statement following their discussion.
Together with Bazargan and Abu Gharab, Fakka makes up the so-called Maysan Fields that have an estimated 2.463 billion barrels of reserves.
According the Oil Ministry, oil production in the Fakka area began in the 1970s but was suspended during the Iran-Iraq war. The closest city is Amara, some 300 km (185 miles) southeast of Baghdad.
Iraq offered the Maysan oilfield complex to global energy firms in a development contract auction in June, its first since the 2003 invasion.
Seven killed in Israel after Hezbollah targets Metula, Haifa, IDF pounds Lebanon, Syria
LPG prices to telecom rules: 5 major changes will come into effect today
Bank holiday on Diwali: Are banks open or closed on November 1? Check state-wise bank holiday list
Diwali muhurat trading session today: Know timing, significance and more
IND vs NZ: When, where to watch India vs New Zealand 3rd Test match live on TV and online
Meet IPS officer, who was an established athlete, later cracked UPSC with AIR...
IND vs NZ 3rd Test, Mumbai weather forecast: Will rain play spoilsport on Day 1 at Wankhede stadium?
Delhi residents defy firecracker ban, illuminate night sky with Diwali celebrations
'Since I've retired...': Rohit Sharma reacts after Mumbai Indians retain him for IPL 2025
Diwali 2024: How to get rid of acidity, bloating, constipation post Diwali binge?
IND vs NZ, 3rd Test Dream11 prediction: Fantasy cricket tips for India vs New Zealand match
IPL 2025: What is the remaining purse and RTM cards for all teams ahead of mega-auction?
Meet Indian man who secured job at Elon Musk's Tesla after sending...
'Isse zyada sundar...': Viral video captures aerial view of Diwali celebrations in Noida, WATCH
THIS company got richer by Rs 29878 crore on Diwali day due to...
Delhi's air quality deteriorates to 'very poor' category, likely to worsen after festival
IPL 2025: Rishabh Pant released by Delhi Capitals, CSK retains MS Dhoni as...
Meet woman, who quit NCPI as COO, now set to lead India's largest...
Viral: Businessman gifts Rs 1 crore Rolex watch to contractor for his...
Post-Diwali hangover? 5 easy tips to detox the liver
Pushpa 2: Allu Arjun, Rashmika Mandanna share film's NEW poster to wish fans on Diwali
Gautam Adani's companies set to supply 6500 MW of power to THIS state
WTC 2023-25 points table update after South Africa clean sweep Bangladesh 2-0 in Test series
Meet woman, college dropout who earns Rs 1494000 monthly, works just 4 hours a day, she is...
Why KL Rahul decided to part ways with Lucknow Super Giants ahead of IPL 2025 retention deadline?
Sebi issues Rs 154 crore demand notices to Anil Ambani's companies, asks them to pay within...
IND vs NZ: Jasprit Bumrah to miss third India vs New Zealand Test? Report says star pacer is....
What is Seasonal Affective Disorder? Why it happens in winter?
New Hezbollah chief Naim Qassem open to truce with Israel, says, 'we accept but…’
BSNL continues to rise, deploys over 50000 4G sites with Tata Group company in India's most...
'Either this or nothing': Elderly couple dances at Mohit Chauhan's concert, WATCH viral video
'That's so cheap': Sana Makbul CRITICISES pap after he tells her 'mazze nahi aa rahe' in viral video
Indian, Chinese troops at LAC exchange Diwali sweets after border disengagement
Dawood Ibrahim was fan of this superstar, invited him for tea, confessed a murder to him, then…
NEET entrance 2025 exam to happen online? Here's what high-level panel suggests
Jadeja to enter IPL auction? CSK eying THIS star player as MS Dhoni's successor
Ratan Tata once surprised his dog trainer at Bombay VT: 'You hold the pup, I’ll take...'
Woman finds bundle of old Rs 500 and Rs 1000 notes during Diwali cleaning, netizens call it...
IPL 2025: List of players set be retained on deadline day, CSK, RCB, MI will retain...
Kartik Aaryan says his film Bhool Bhulaiyaa 3 doesn't need cameos: 'Hume humaari...'
Meet man, who secured AIR 2644 in JEE, did B.Tech from IIT Kanpur, has now started doing...
Noida: Stunning drone footage captures Diwali celebrations, watch viral video
Is stock market open or closed on Diwali? Know details here
Don’t Move on Netflix movie review: Psychological thriller with enjoyable moments
Cricketer Ben Stokes' house burgled by masked robbers, England captain shares harrowing details
Diwali delights: Bengaluru man surprises mom with Apple iPhone 15, viral video wins internet, watch
'Divine festival of lights...' PM Narendra Modi extend his wishes on festival Diwali
Diwali 2024: Dos and don'ts, subh muhurat, rituals and more
Delhi pollution: National capital's air quality dips to 'very poor' on Diwali, AQI hits...
Varun Dhawan finally reveals daughter’s name on Amitabh Bachchan’s KBC 16: ‘We named her…’