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Iraq ascendant as power shifts in OPEC
Baghdad (UPI) Mar 22, 2012
Amid the threats to global oil supplies caused by the Persian Gulf confrontation between the United States and Iran, the longtime oil-power rivalry between the Islamic Republic and a resurgent Iraq is mounting. Industry analysts say that, spurred by the international sanctions aimed at choking off Iran's oil exports, this will likely mean Iraq will push Iran out of its position as the
Amid the threats to global oil supplies caused by the Persian Gulf confrontation between the United States and Iran, the longtime oil-power rivalry between the Islamic Republic and a resurgent Iraq is mounting. Industry analysts say that, spurred by the international sanctions aimed at choking off Iran's oil exports, this will likely mean Iraq will push Iran out of its position as the
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