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BUSINESSJul 17 · 08:10 UTCCNBC TOP

BP, ConocoPhillips to back Iraq with major investments as U.S. seeks to weaken Iran's energy hold

BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday. The move is part of a broader U.S. strategy to weaken Iran's influence in the energy sector.

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BPorganizationConocoPhillipsorganizationIraqplaceUnited StatesplaceIranplaceenergy investmentstopic
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