Knowing that after the Iraq War, the biggest benefit is China? PetroChina won the first oil cooperation project and obtained the right to exploit Iraq’s largest oil field together with BP.
In October of the same year, a consortium of PetroChina and BP After winning the Rumaila oil field, Iraq’s largest oil field, and after two rounds of bidding, PetroChina not only became the largest foreign oil company operating in Iraq, but to a certain extent it challenged the global oil interests at the time. In the past two years alone, pessimism has still loomed over the Chinese oil circle. Many people believe that Iraq’s resources have been "predetermined" by Western International Petroleum Corporation and that PetroChina, which has been "going out" for less than 20 years, is at best a supporting role.
After the war, facts proved that Iraqi oil prices were in line with OPEC. After the war, the control of oil remained in the hands of the new regime, not in the United States.
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