China And The U.S. Are Battling For Influence Over Iraqi Oil ...Middle East

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China And The U.S. Are Battling For Influence Over Iraqi Oil
source : OILPRICE ( Middle East ) () 35
Like the first sparrow of spring, Iraq’s reversal of all promises made to the U.S. in order to secure another waiver to import electricity and gas from still-sanctioned Iran is a regular and much-anticipated feature of the oil year for seasoned market watchers. This year has been no different. Some have interpreted the 120-day waiver, which is the equal longest granted to Iraq in years, as a tangential good-faith gesture to Iran by the U.S. as they attempt to agree on a new iteration of the Joint Comprehensive Plan of Action (JCPOA, ‘nuclear…

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