The fallout for petrochemicals from Iraq

As everyone focuses on when the next downturn might arrive, macro issues such as the implications of a likely US withdrawal from Iraq are rarely publicly discussed.
But if I were on the board of any company making investment decisions, I’d be worried.
If the US withdrawal from Iraq is well managed then fears such as those expressed in this article will come to nought. Sadly, “Iraq” “the US” and “well managed” are words and phrases that rarely share the same sentence and so the future looks a little shaky to say the least.

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