BP, ConocoPhillips to back Iraq with major investments as U.S. seeks to weaken Iran's energy hold

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BP, ConocoPhillips to back Iraq with major investments as U.S. seeks to weaken Iran's energy hold

AI Summary

BP and ConocoPhillips plan significant investments in Iraq's energy sector as the United States aims to reduce Iran's influence in the region. This strategic move aligns with US geopolitical goals and highlights the importance of energy investments in Iraq.

BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.

World Politics Deals Energy BP ConocoPhillips Iraq energy investments US Iran geopolitics

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