Iraq: The carve-up begins

Tom Burgis
Thursday 23 June 2005

As the costs of the Iraq occupation spiral, British and American oil companies meet in secret next week to carve up the country's oil reserves for themselves. Tom Burgis reports

The Iraq war has so far cost America and Britain £105billion. But the financial clawback is gathering pace as British and American oil giants work out how to get their hands on the estimated £3trillion worth of oil.