CNBC

CNBC

7/17/2026

Englewood Cliffs, New Jersey, United States

ConocoPhillips to buy 42% stake in Iraqi unit from BP 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.

7/17/2026 5:14:38 AM

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