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Trump says US will be doing a lot of deals with Iraq, taking a lot of oil out

July 14, 2026 10:40 AM
Reuters


President Donald Trump on Tuesday told reporters ahead of a meeting with Iraqi Prime Minister Ali al-Zaidi that the United States would be doing a lot of deals with Iraq and taking a lot of oil out of the country.

“Iraq has tremendous potential because of their oil… and we’re going to be doing a lot of deals. We’re going to create a lot of jobs for both countries, and we’re going to be taking out a lot of oil,” said Trump, without giving details.

“A lot of oil is coming out, and the American companies are doing it – mostly American companies now.”

(Reporting by Trevor Hunnicutt and Katharine Jackson; Writing by Daphne Psaledakis, editing by David Ljunggren)

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