From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
How Iraq’s oil sector is emerging as battleground for Russia, US
Upending dynamics in Iraq’s energy sector, Baghdad has announced that it is nationalizing the West Qurna-2 oil field following the exit of the site’s Russian operator. …
The retreat severely undermines Russia’s economic foothold in the country, with American companies now poised to potentially fill the vacuum.
