The U.S. and its allies are reversing China and Iran's growing influence in Iraq through strategic deals
In the simple terms of power politics, the West won the Israel- Iran conflict centred this time around Gaza and the East lost, at least for now. In the process, the U.S. and its key allies proved to China and Russia that they can prevail while working on two conflicts at the same time -- the Russia-Ukraine War and the Israel-Hamas War. It looks highly likely that they could do the same in three if required, especially if the third was centered on Taiwan.
5 trillion cubic metres tcm, with around three-quarters of these comprising associated gas. Unofficially though, in its thorough 2012 analysis the IEA estimated a truer figure at above 8.0 tcm, with non-associated gas estimated to be at least 30% of this number. In short, it has proven an unmissable energy trove to West and East alike.
Kurdistan Iran Exxonmobil Totalenergies West Qurna 1 China
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