Kurdistan24 video interview about Peshmerga/Iraqi government delegation in Washington DC, delegates also attended the U.S. National Defense University,  24SEP2021:

Over the 22nd and 23rd of September, 2021, while the U.S. Congress argues over how much deeper they want to put the U.S. taxpayer into debt, the Peshmerga received a large ‘divestment’ of brand new HMMWVs paid for by U.S. and ‘coalition’ taxpayers.

The two-day long divestment (basically the U.S. military is giving stuff away, but the U.S. Army officially defines ‘divestment’ as an “investment”) took place near Erbil, Iraq.

Kurdistan24: Kurdistan Peshmerga forces receive 61 armored vehicles on 23SEP2021, and 70 armored vehicles on 22SEP2021!

On 23SEP2021, $2.9-million worth of vehicles were given to the Iraqi Ministry of Defense, on Al Asad Air Base.

Also on Al Asad Air Base, on 22SEP2021, $2.5-million worth of U.S. made (but as of July 2021 now German owned through VW-Traton) Navistar-International trucks were given to the Iraqi army.

In my previous Mother of all Money Pit report I pointed out the sudden build-up of Islamic State, aka DAIISH (DA for al-DAwla, I for al-Islamiya, I for al-Iraq, SH al-SHam [al-Sham=Syria]), forces in Iraq, but coincidentally there are big happenings regarding the oil industry in Iraq as well.

Interestingly, in January 2021 U.S. based debt-straddled oil company ExxonMobil attempted to sell its 37% stake in the West Qurna 1 oil field to other Western oil companies with no luck, the Iraqi government Basra Oil Company then announced it wanted the 37% stake, but ExxonMobil doesn’t like that idea and in May announced a legal battle to stop it.

By June 2021, other Western oil companies wanted out of Iraq, while Eastern oil companies wanted in.

In August 2021, Malaysia’s state owned oil company Petronas announced it was planning on selling operations to pay down debt, possibly including oil assets in Iraq.

At the beginning of September 2021, French oil company Total agreed to pay the Iraqi government US$27-billion as an investment into oil and renewable energies in Iraq: “These agreements signal our return through the front door to Iraq, the country where our Company was born in 1924….  …It also demonstrates how TotalEnergies can leverage its unique position in the Middle East, a region where the lowest-cost hydrocarbons are produced, to gain access to large-scale renewable projects.”-Patrick Pouyanné, TotalEnergies

Reuters 19SEP2021: Iraqi oil minister says OPEC will not change productions levels.

Reuters 23SEP2021: U.S. oil refiners pick Iraqi, Canadian crudes to replace storm losses.

Mother of all Money Pits, 20SEP2021: MILLIONS OF DOLLARS PER DAY GIVEN AWAY IN IRAQ, BIDEN DEPLOYS MORE TROOPS! PREPS FOR WAR WITH ISIS, OR SYRIA, OR IRAN?