Iraq/Russia: Russia Takes Control of Iraq’s Biggest Oil Discovery for 20 Years

Nov 28, 2023 | Simon Watkins, OilPrice.com
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Preliminary estimates suggested that Iraq’s Eridu oil field holds between 7-10 billion barrels of reserves. The Eridu field - part of Iraq’s Block 10 exploration and development region – is the biggest oil find in Iraq in the last 20 years, and Russia wants to control all of it, alongside its chief geopolitical ally, China.