💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Iraqi protesters and security forces clash, keep Umm Qasr port closed

Published 11/02/2019, 05:32 AM
Updated 11/02/2019, 05:34 AM
Iraqi protesters and security forces clash, keep Umm Qasr port closed

BASRA, Iraq (Reuters) - Thousands of protesters were blocking all roads leading to Iraq's main Gulf port Umm Qasr on Saturday, after security forces used live rounds and tear gas on them overnight, security sources said.

Operations at the port have been at a complete standstill since Wednesday, after protesters first blocked its entrance on Tuesday.

Umm Qasr receives the vast bulk of Iraq's imports of grain, vegetable oils and sugar, needed to feed a country heavily dependent on imported food. Iraq's oil exports take place mostly from nearby offshore platforms which have not been affected.

Trucks carrying goods have been prevented from entering or leaving the port. Some international shipping lines have halted operations because of the port's closure, port officials said.

Protesters on Saturday burned tires and set up concrete blocks, angered by the anti-riot forces' violent attempt to disperse them. At least 30 people were injured, security and medical sources said.

The protests are part of a movement that has brought tens of thousands of Iraqis to the streets to demonstrate against corruption and the poor state of public services.

Friday's demonstrations in the capital Baghdad were the biggest anti-government protests since the fall of Saddam Hussein in 2003. About 5,000 people were demonstrating on Friday in Basra, the nearest big city to the port.

More than 250 people have died in a government crackdown on the unrest since the start of October. Much of the unrest has focused on southern cities in Iraq's Shi'ite heartland, which also includes its main oil producing areas.

Further disruptions to port operations could cause financial damage to the country and impact the inflow of commodities, port officials said earlier this week. They also said they were holding talks with protesters to allow the port to resume normal operations.

Separately, protesters blocked roads leading to the Majnoon oilfield on Saturday and prevented employees from getting there. Operations were not interrupted, oil sources said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.