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March 27, 2013 12:31 PM

Iraqi oil: Once seen as U.S. boon, now it’s mostly China’s

Ten years after the United States invaded and occupied Iraq, the country’s oil industry is poised to boom and make the troubled nation the No.2 oil exporter in the world. But the nation that’s moving to take advantage of Iraq’s riches isn’t the United States. It’s China.

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