insurrección

This week started extremely well for transnational companies dedicated to oil expolitation. On Monday, Iraq decided to open their oil reserves to foreign investment, ending with the nationalization of this resource that had been taking place for over thirty years. This country, militarily occupied by a coalition of countries since 2003, being the US the most important, has the biggest world´s oil reserves. This decision makes the country the only producer of the Middle East that opened their oil to transnational corporations, since the rest of the producer countries only authorize state companies for its exploitation.

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