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ConocoPhillips to buy 42% stake in Iraqi unit from BP as U.S. seeks to weaken Iran's energy hold

CNBC Top Stories July 17, 2026 · 12:14 pm Read Original

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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.

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Source CNBC Top Stories

Published Jul 17, 2026 · 12:14 pm

Article ID h5tq3sk

Original URL Open source

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