China To Become Sole Lead Operator Of One Of Iraq's Largest Oil Fields -- February 14, 2023

Again, one has to ask: how did America that fought two wars to liberate Kuwait and Iraq let this field "go to" China. I assume we were distracted by some weather balloons and/or more concerned about advancing social agendas in diplomatic and military circles than in safeguarding the country. But I digress. It is what it is.  

But look at this: "China" is now the sole lead operator of a giant Iraqi oilfield estimated to hold 43 billion bbls of recoverable oil. That's recoverable oil, not oil-in-place. 

For perspective, if that's possible, back in 2019, it was estimated that Saudi Arabia held upwards of 275 billion bbls of recoverable oil. Link here.

Link here.