Iraq and Chevron Forge Strategic Oil Exploration Pact

Iraq has secured a landmark agreement in principle with Chevron to develop a strategic project that includes four exploration blocks, according to Iraq's prime minister.

The collaboration aims to bolster the development of additional producing oil fields, a move expected to significantly boost the country's oil output capabilities.

This agreement marks a significant step in Iraq's efforts to enhance its oil production infrastructure and strengthen ties with the U.S.-based multinational corporation.

(With inputs from agencies.)