Decades of mismanagement, underinvestment and corruption have strained the power grid of Iraq, which is OPEC’s second-largest producer after Saudi Arabia.
BAGHDAD — Iraq’s Prime Minister Mohammed Shia Al-Sudani said he hopes to end the country’s $4 billion reliance on Iranian gas by 2028, in an effort to diversify the major oil-producer’s economy. Decades of mismanagement, underinvestment and corruptio… [6578 chars]
Source: CNBC | Published: 2025-10-15T01:53:12Z
Credit: CNBC
