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When receiving Iraqi Prime Minister Ali Zaidi at the White House, US President Trump said that he would soon announce a “huge” new oil deal with Iraq. He also promoted the prospects for US companies to do more business in Iraq. “Iraq has huge potential because they have oil and because of other things,” Trump said at the White House on Tuesday. “We will create a lot of jobs for both countries, and we will be extracting a lot of oil. A lot of oil is being extracted, and American companies are doing it.” Trump said there will be “many agreements,” and related announcements may be made “this week or next week.” He did not reveal any details, but simply described the agreements as “huge and among the largest.” Trump dodged questions about whether he supports Iraq's pressure on OPEC, saying he supports the Iraqi Prime Minister, and stated “as for OPEC, that is his decision.”

Zhitongcaijing·07/14/2026 17:17:07
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When receiving Iraqi Prime Minister Ali Zaidi at the White House, US President Trump said that he would soon announce a “huge” new oil deal with Iraq. He also promoted the prospects for US companies to do more business in Iraq. “Iraq has huge potential because they have oil and because of other things,” Trump said at the White House on Tuesday. “We will create a lot of jobs for both countries, and we will be extracting a lot of oil. A lot of oil is being extracted, and American companies are doing it.” Trump said there will be “many agreements,” and related announcements may be made “this week or next week.” He did not reveal any details, but simply described the agreements as “huge and among the largest.” Trump dodged questions about whether he supports Iraq's pressure on OPEC, saying he supports the Iraqi Prime Minister, and stated “as for OPEC, that is his decision.”