United Kalavryta, a mysterious oil tanker managed by Greek shipowner Gregory Callimanopulos, has been sitting off the coast of Texas since late July. The ship holds Kurdish oil, which Baghdad contends is stolen goods. The Kurds say that it is theirs to produce and sell as they choose. While the two sides argue, the Kurds have found a way to go around Baghdad and sell their oil - make the ship disappear
Read also BusinessWeek's feature on the 'United Kalavryta' here.
http://www.bloomberg.com/video/embed/wKDeqWZ9QGCdRFK5jr5z0Q?height=395&width=640