By John Lee.
Singaporean/Swiss-based commodity trader Trafigura has reportedly ended its relationship with the Kurdistan Regional Government (KRG).
According to a report from Bloomberg, the decision follows the KRG's refusal to renegotiate the terms of the contract, following a drop in the price of Kurdish oil.
KRG Minister Masrour Barzani is also said to have cancelled a meeting with Trafigura on the sidelines of the World Economic Forum (WEF) in Davos last week, at the last minute and without explanation.
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