By Yerevan Saeed, for the New Lines Institute. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
An Attack in Iraq Sends a Message: Closed To Western Energy Business
Iraq's drive for energy self-sufficiency, fueled by potential future U.S. investment, and Türkiye's ambitions of reaching the Persian Gulf with new infrastructure are raising concerns in Iran.
The entry of additional international players into Iraq's market would invariably undercut Iran's dominant trade and energy ties with Iraq, diluting its geopolitical sway over its neighbor.
Such a shift is likely to loosen Iran's stranglehold on Iraq's economic and political realms - a scenario that haunts Iranian policymakers.
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