How the UAE Has Helped Western Oil and Gas Majors Return to Iraq [Yahoo! Finance]
OMV AG BEARER SHS S/ADR (OMVKY)
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omvpetrom.com/portal/01/petromcom/petromcom/omv_petrom/investor_relations/omv-petrom-shares-gdrs/shareholding-and-stock-listing-history/!ut/p/b0/04_sj9cpykssy0xplmnmz0vmafgjzoin_e0tar0cny1cddw9pxw93hwndsbapzg1t78g21erac3xr1e!
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Source: Yahoo! Finance
months, with many major U.S. and European oil and gas majors returning to Iraq after a long hiatus. The key aim is to break the longstanding link between it and Iran, which has long held sway over its neighbour through its multiple political, economic, and military proxies. By doing this, the West hopes to tilt the balance of influence across the region back towards it and away from China and Russia, who exercise a similar influence over Iran as they do over Iraq. In the zero-sum game of Middle Eastern geopolitics, this would mean the West maintaining the edge over the East in terms of control over the world's largest combined oil and gas resources, and the physical land gateway between the two blocs of global power. That said, given the West's history in the Middle East – most notably with its military incursions into Iraq – enjoying the tacit backing of other Middle Eastern countries in these efforts is seen as crucial to the chances of success. This is where the United Aran Emirate
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