Rosneft's Iraq Retreat: A Geopolitical Shift
Update: 2025-11-25
Description
Rosneft, Russias oil giant, reduces operations in Iraqi Kurdistan, following U.S. and Western sanctions. This move marks a significant shift in the geopolitical power struggle, as Russias influence in the region wanes. The Kremlins strategy of creating instability and stepping in as a peacemaker has been challenged, with the U.S. and its allies viewing this as a major turning point in their fight against Russian and Chinese aggression.
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