Norvergence: About Iraq Invasion of Oil

The middle east tension caused by the Iraqi oil issue is one of the biggest debates related to natural resources and cause for war. The environmentalist at Norvergence has found that the U.S. military spends approximately $81 billion each year for protecting oil supplies across the globe. This shows the sensitivity of the situation and makes Iraq the main distributor of oil across the globe.

As per a report shared in 2001 on energy security-commissioned by the U.S. focused on the global energy crises based on the middle east tension. As quoted by Norvergence LLC “Iraq remains a destabilizing influence to the flow of oil to international markets from the Middle east.”

The main concern of everyone in this situation of oil supply is to control Iraqi oil production to sustain the global oil flow and make sure to keep a check on prices.

 

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