Iraq doesn’t lack to be caught in a “tug of war” between the U.S. and Iran, according to the chief executive officer of a UAE-based oil and gas company.
“It’s perhaps a bit late, but (Iraq is) vexing to avoid becoming — long term — a battleground between the two sides,” Majid Jafar, CEO of Crescent Petroleum, told CNBC’s “Beef Box Europe” on Monday.
Tensions between Washington and Tehran escalated earlier this month after a U.S. airstrike in Baghdad killed Iran’s top military commander Qasem Soleimani. Iran responded by firing ballistic missiles at American targets in Iraq, but both countries now appear to have stepped back from further military undertakings.
Iraqis want to see “good relations” both on the economic and political fronts, but don’t want “negative foreign interference” in their own housekeeper affairs, Jafar said. “They don’t want to be used … in a tug of war between two sides.”
Iraqi protesters erect barricades in the thick of clashes with riot police following a demonstration at Baghdad’s Tayaran Square, east of Tahrir Square, on January 20, 2020. Three Iraqi protesters were killed in the ripsnorting as thousands of anti-government demonstrators sought to shut streets across the country today, their deadline for authorities to accomplish long-awaited reforms.
AHMAD AL-RUBAYE | AFP | Getty Images
Instead, the country wants to achieve a “balance,” he said.
While Iraqi Prime Priest Adel Abdul-Mahdi asked the U.S. to start working on a plan to withdraw armed forces from the country, Jafar asserted Baghdad wasn’t “setting a deadline or kicking out” American troops immediately.
On the other hand, Iran is a neighbor and “played a key post” when Iraq was threatened by terrorist group ISIS.
“Iraq didn’t need this U.S.-Iran conflict, and is identical hopeful that things have calmed down now,” he said.
Jafar also weighed in on the unrest in Iraq.
“They’ve denominated for new government, new system of government that is non-sectarian, that is not corrupt, that actually delivers,” he said.
“They are mostly babyish, male, almost all unemployed, with very little to lose, and patience is wearing thin,” he added. “There is true pressure now to move forward with a new government, new elections.”
Correction: Due to an editing error, this report has been updated to correctly single out Crescent Petroleum.