Iraq's Oil Sector caught in crossfire between US, Iran


(MENAFN- Iraq Business News) By Hamdi Malik forAl Monitor . Any opinions expressed here are those of the author and do not necessarily reflect the views ofIraq Business News .
ExxonMobilevacuated dozens of its non-Iraqi employees from Iraq on May 18. The evacuation follows a US State Department decision to withdraw its non-essential staff from the US Embassy in Baghdad and its consulate in Erbil, the capital of Iraqi Kurdistan.

The US oil company relocated its employees to Dubai, where they will continue their work related to theWest Qurna-1 oil fieldin Basra. The company announced May 31 that it will begin returning its employees from June 2 after the Iraqi government promised to increase the security measures in the site.


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