Our Iraq theme for 2012 has already begun to unfold, with first the moves by Prime Minister al-Maliki to embark on a partial purge of the Sunni component of the government. Yesterday, 16 bombs exploded in Baghdad killing at least 72 people with no one as of yet claiming responsibility. It is reasonable to assume, however, that the violence was a Sunni response to al-Maliki’s actions.
Tags: energy commodity risk management, energy trading risk management, geopolitial strife in Iraq, iraq killings spur crude oil prices
