If anyone doubts the importance of last week’s agreement for US oil major ExxonMobil to return to Iraq, may we suggest reading the following article from Simon Watkins in OilPrice:
What ExxonMobil’s Comeback in Iraq Really Means.
The author describes it as “perhaps the most significant of the recent deals between firms from the West and Baghdad,” underpinned by a stronger U.S.-Iraq alignment involving high-level assurances on governance, transparency, and legal protections.
