BP and ConocoPhillips to announce billions in new Iraq investments

BP and ConocoPhillips are set to announce billions of dollars in new investments in Iraq on Friday. The move is part of a US strategy to weaken Iran's hold over Iraq's energy sector. The deals are intended to boost Iraq's energy independence from Iranian influence.

Will Western energy investments in Iraq effectively weaken Iran's influence there?

CNBC · 11d ago · Source ↗

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BP and ConocoPhillips to announce billions in new Iraq investments

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