Eni Observes Iraq Security Developments Amid US Embassy Evacuation.

Eni is closely monitoring the security situation in Iraq following the US decision to evacuate its embassy. The company employs over 500 people in Iraq, mostly international staff. Eni does not comment on ongoing international political developments, according to a spokesperson.

Italy's energy giant Eni has been closely monitoring the security situation in Iraq following the United States' decision to partially evacuate its embassy in the country. The move comes amid heightened tensions in the region, with the U.S. citing heightened security risks [2].

Eni, one of the largest international oil and gas companies operating in Iraq, employs over 500 people in the country, with the majority being international staff rather than local employees [1]. According to a spokesperson for the company, Eni does not comment on ongoing international political dynamics. However, the company is closely following the developments to ensure the safety of its employees and operations in the country.

The partial evacuation of the U.S. embassy in Iraq is part of a broader U.S. strategy to reduce its presence in the Middle East amid escalating tensions. The U.S. has also authorized the voluntary departure of military dependents from locations across the Middle East, with a focus on family members located in Bahrain [2].

The decision to evacuate the U.S. embassy in Iraq comes ahead of the Iran nuclear talks set for this weekend in Oman. The talks are expected to focus on Iran's nuclear program and the potential for a new agreement to replace the 2015 Iran nuclear deal, which was abandoned by the U.S. under the Trump administration [3].

The U.S. evacuation decision has also led to a rise in oil prices, with both Brent and WTI crude prices surging on Wednesday before sliding on Thursday [3]. The increased geopolitical risks in the Middle East have contributed to the volatility in oil prices, with investors closely monitoring the situation.

Eni's focus on the security situation in Iraq highlights the importance of geopolitical risks for energy companies operating in the region. The company's commitment to the safety of its employees and operations reflects the broader challenges faced by international businesses in the Middle East.

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_S8N3RL003:0-italy-s-eni-closely-monitoring-iraq-s-security-situation/
[2] https://www.fbcnews.com.fj/world/us-preparing-to-partially-evacuate-iraq-embassy-over-regional-security-risks-sources-say/
[3] https://www.morningstar.com/news/dow-jones/202506123293/iran-says-it-will-accelerate-nuclear-work-after-2