The Fuse | Can a Post-Sanctions Iran Recapture Its Oil Market Share From Iraq?
Since the U.S. sanctions snapped back on Iran’s oil industry, relations between Iran and Iraq have grown more complex and controversial as a series of security and political events in the two countries have captured global attention. Yet while the political aspect of the Iran-Iraq relationship has been dominating coverage of the countries, their ongoing competition in the oil market has not—and once American sanctions are removed, Iran will be returning to a very different oil market. Sanctions and an Opportunity for Iraq The return of U.S. sanctions in 2018 was an opportunity for Tehran...