Iraqi Kurdistan oil may be headed to China

Iraqi Kurdistan may be in talks to potentially supply China with 4 million barrels of oil, as at least 3 million barrels from the autonomous region are on ships en route to Asia, Reuters reported, citing two unnamed sources. Such a deal could place Beijing on a collision course with Baghdad, which has tried to block the Kurdish sales that it says are illegal. At least three Kurdish cargoes of 1 million barrels each sailed from the Turkish port of Ceyhan toward Asia in the past month, including one that was transferred to a supertanker near the Strait of Singapore on Monday.