Iraq Bets on US, Chevron Amid Strait of Hormuz Threats
Baghdad has little choice but to rely on the US.
On 19 August, Iraqi Prime Minister Mohammed Shia Al-Sudani oversaw the signing of a major oil exploration agreement with Chevron, marking the US energy giant’s return to Iraq after a decade-long absence. The deal, covering four exploration blocks in the Nassiriya project in Dhi Qar province and the Balad oil field, aims to incre…
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