Iraq seeks stake in oil bonanza

Iraq, a major oil exporter, faces challenges in restoring its oil export levels to pre-invasion figures due to ongoing war and instability. Despite high global oil prices, Iraq's export capacity has diminished, with infrastructure frequently targeted by insurgents. The government, heavily reliant on oil revenues, struggles to meet public demands for improved infrastructure and services. Rising oil prices could benefit Iraqis, but security issues hinder progress.

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