The Chonkerton

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

business

BP and ConocoPhillips are set to announce billions of dollars in new investments in Iraq. CNBC reports the move comes as the U.S. seeks to weaken Iran's energy influence in the region.

Source: https://www.cnbc.com/2026/07/17/bp-conocophillips-to-back...

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