Russia And China Are Battling For Influence In Oil Rich Iraq

With the U.S.’s patience wearing thin on its dealings with neighbouring Iran, endemic corruption still prevalent in both the south of the country and in the northern semi-autonomous region of Kurdistan, and enduring political chaos with frequently-changing prime ministers popping up whilst the real power remains with firebrand cleric Moqtada al-Sadr, the last thing Iraq needed was Saudi’s oil price war. Even before Saudi Arabia embarked yet again on exactly the same oil price strategy that nearly bankrupted it and all of its neighbours…