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Chevron, SLB Deals Signal US Return to Iraqi Oilfields

Iraq Business2 days ago
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
Chevron, SLB Deals Signal US Return to Iraqi Oilfields
There are two distinct superpower strategies at play to capture the very heartland of the Middle East - Iraq.
On the one hand, China and Russia want to end the semi-independent status of Kurdistan in the north, have it rolled into the rest of Iraq as a regular province, and then expel all Western firms from the then-unified country.
On the other hand, the US and its allies want to bolster the independence of the Kurdistan region to act as leverage to extend their influence in the rest of Iraq to the south.
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