Abstract
Iraqi oil has a great opportunity to diversify its purchase by countries consuming Russian crude oil, if Iraq can take advantage of the opportunity to develop its oil industry and increase export outlets, as Iraq can meet the demand from countries consuming crude oil because of its huge reserves and low production costs. The study concluded that it is expected that a state of instability will occur in the global oil markets due to the US and European sanctions on Russian oil exports, which creates a state of uncertainty. destined for the Asian markets, but it is possible for Iraq to avoid these negative effects if it works to conclude long-term oil agreements with countries that import crude oil, especially with India and China. It also recommended the need to develop the Iraqi oil fleet and to develop its staff working on it.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
