Law No. 80 of 1961 (Iraqi oil law)

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Law No. 80 of 1961 was a landmark Iraqi oil law that sharply curtailed foreign oil company concessions and reasserted national control over most of Iraq’s petroleum resources under Abd al-Karim Qasim’s government.

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Republic of Iraq government under Abd al-Karim Qasim implemented Law No. 80 of 1961 (Iraqi oil law)