Iraq’s sweeping anti-corruption purge is disrupting Iranian oil-smuggling networks and creating new opportunities for U.S. energy companies, but entrenched Iran-backed political factions continue to threaten long-term reform. U.S. Navy photo by Photographer’s Mate 1st Class Arlo K. Abrahamson, public domain, via Wikimedia Commons. Iraq’s sweeping anti-corruption purge is disrupting Iranian oil-smuggling networks and creating new opportunities for U.S. energy companies, though entrenched Iran-backed political factions continue to threaten long-term reform. The return of ExxonMobil, Chevron, and BP to Iraq, backed by Trump administration diplomatic engagement, sanctions enforcement, and support for improved commercial terms, marks another step in Washington’s effort to strengthen American influence in the global oil system. Paired with mounting pressure on Iran’s oil exports, renewed sanctions against Iranian smuggling networks, closer energy cooperation…
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