A U.S. court on Monday threw out an order to seize some 1 million barrels of disputed Iraqi Kurdish crude oil from a tanker, a move that could allow the cargo to be delivered in Texas and end a nearly month-long impasse.
The United Kalavrvta tanker, carrying about $100 million worth of Kurdish crude, has been anchored near Texas for weeks, as the Iraqi region of Kurdistan wages a legal battle over ownership with the central government of Iraq.
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