Browsing: investment

Chinese firms dominate Iraq’s upstream sector by accepting low-profit terms, while state-backed financing secures critical infrastructure deals. Baghdad also seeks Western investment for technical expertise and to mitigate U.S. sanctions risk, maintaining a dual-track strategy to balance energy partners.

The article argues that U.S. oil firms need a stable, legitimate government in Venezuela to justify massive long-term investments. Trump’s plan to install a pliant regime ignores this, risking failure without democratic restoration and legal safeguards for investors.