war in Iraq

Iraqi hydrocarbon prize of U.S. invasion in danger  

“Before the 2003 invasion, Iraq’s domestic oil industry was fully nationalized and closed to Western oil companies. A decade of war later, it is largely privatized and utterly dominated by foreign firms,” the CNN report concluded, indicating that, “From ExxonMobil and Chevron to BP and Shell, the West’s largest oil companies have set up shop in Iraq.