US Involvement in Iraq A Lot of Blood for Little Oil

Contrary to what many people believe, the Iraq war provided few advantages for the US oil industry. The diplomatic cables show that, in most cases, it was competitors to the Americans who often did better in the country. Only one US company truly profited: Halliburton.
A US soldier walks towards a burning oil well in Iraq's vast Rumaila oil fields in this March 2003 photo: Even directly after the invasion, the US troops didn't pay close attention to the issue of oil.

A US soldier walks towards a burning oil well in Iraq's vast Rumaila oil fields in this March 2003 photo: Even directly after the invasion, the US troops didn't pay close attention to the issue of oil.

Foto: YANNIS BEHRAKIS/ REUTERS
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