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ConocoPhillips set to take 42% Iraq stake from BP as Washington moves on Iran energy

A 42% stake in an Iraqi unit held by BP (BP) is set to transfer to ConocoPhillips (COP), with both companies expected to announce billions of dollars in fresh Iraq investment commitments on Friday. The deal comes as…

NM
NewsMV Markets Desk
3 min read
17 July 2026Markets desk
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Filed via cnbc.com

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