What would happen if Iraq decides to nationalize its oil?

<h3>What would happen if Iraq decides to nationalize its oil?</h3>

Considering how much foreign investment is within Iraq's oil sector, what would be the effects if the Iraqi government decided to nationalize its oil industry?


<strong>Iraq best answer:</strong>
<p><i>Answer by The Midnight Mariachi</i><br/>then its gonna be hard to get oil from there read up on some stuff about Juan D Peron he nationalized foreign owned companies in Argetina</p>
<p><strong>iraq</strong>
<img alt="Iraq" src="http://farm4.staticflickr.com/3218/2368166407_edc64aed6a.jpg" width="400"/><br/>
<i>Image by <a href="http://www.flickr.com/photos/35703177@N00/2368166407">The U.S. Army</a></i>
An Iraqi girl peeks out of a broken classroom window to watch as U.S. Army Soldiers from Bravo Company, 2nd Battalion, 22nd Infantry Regiment, 1st Brigade Combat Team, 10th Mountain Division deliver new desks to her school in Nawaful, Iraq, March 25, 2008. (U.S. Air Force photo by Staff Sgt. Samuel Bendet) (www.army.mil)</p>

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