oil-for-food

Iraq earns an additional 418 million euros under UN oil-for-food programme

Iraq has earned an additional €418 million (euros) under the United Nations "oil-for-food" programme which allows Baghdad to use a portion of its petroleum revenues to purchase humanitarian relief, the UN announced today.

UN reports sharp increase in Iraqi petroleum exports under oil-for-food plan

Baghdad's United Nations-administered oil exports surged to an average of 2.29 million barrels a day last week, up from 1.8 million the previous week, according to statistics released today by the UN office overseeing the effort.