Oil prices plunge 10% as US midterm results raise hopes of Iran war's end
Brent crude plunged 10 per cent to a two-month low as investors bet that Democratic gains in the US midterm elections could accelerate efforts to end the Iran war and ease oil supply pressures
On Wednesday, Iran launched drone strikes against Kurdish opposition groups in northern Iraq, possibly aiming to escalate their attacks. The strikes hit a Komala group base northeast of Erbil and a house in Halabja province. Komala, one of five Kurdish groups opposing the Iranian regime, stated that their base in the Alana valley sustained material damage but no casualties.
This marks over a thousand attacks by Iran on the Kurdish region in Iraq, utilizing drones and missiles. Local officials accuse Iran's Islamic Revolutionary Guard Corps of orchestrating the drone attack. Iran seeks to spread conflict to Iraq and preempt potential Kurdish uprisings. A separate strike damaged a house in Tawella, Halabja province, causing extensive damage but no casualties.
These attacks are part of Iran's ongoing campaign against Kurdish dissident groups, which have bases in northern Iraq. Tensions are heightened following recent strikes by the US and Israel on Iran, placing the KRG in a challenging position. The KRG has maintained close relations with Western countries while sharing a long border with Iran, and Kurdish Iranian opposition groups have long established themselves in the region. The Iraqi government denies agreeing to expel these groups, despite Iranian claims.
Written by urgent.news from Jerusalem Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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