$400 billion US energy fund for Iraq… This is significant: American multinationals in the oil, technology, and communication industries are publicly given high priority in Iraq. Heavyweights like Saudi Arabia, the United Arab Emirates, and Qatar are being invited by Iraq to participate in this oil fund.In order to guarantee a significant northern export channel, Baghdad has organized a fast-track committee to finalize a new pipeline deal with Turkey.The value of the US-Iraq Energy Fund might reach 400 trillion Iraqi dinars. This accord puts an end to those of you who argue that Iraq’s money supply is too large or that the revaluation could never occur.
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