A bomb has struck an oil pipeline in the city of Basra in southern Iraq as security forces have been clashing with Shiite militia fighters in the region.
The news comes from an Iraqi official who wished to remain anonymous, reported the Herald Tribune.
A fire is raging after the bomb exploded underneath the Zubair-1 pipeline, which is used to transport crude oil to tanks at Iraq’s two exporting terminals on the Gulf, said the official.
Iraq’s oil exports have recently witnessed upbeat levels since the US-led invasion in 2003.
Today’s fire is likely to have an impact on the country’s oil exports, although the extent is uncertain, added the official.

(Upstream Online)