Exxon Returns: Iraq's Oil Ambitions
Update: 2025-10-08
Description
Exxon Mobil is back in Iraq! After a two-year absence, Exxon just inked a major deal to boost Iraq's oil production at the giant Majnoon oilfield. With Iraq aiming to rival Saudi Arabia's oil dominance, this agreement signals a big push to modernize its energy sector, strengthen ties with the U.S., and rebalance international partnerships. Will this second chance unlock Iraq's vast oil reserves and reshape the global energy landscape?
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