Business

BP and ConocoPhillips Invest in Iraq Amid U.S. Strategy

Updated 2026-07-17 08:10 UTC 1 source Neutral

British Petroleum (BP) and ConocoPhillips are set to invest billions of dollars in Iraq, as the U.S. seeks to weaken Iran's energy influence in the region.

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CNBC

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

BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.

2026-07-17 07:57 UTC