PoliticsHindustan Times
Trump teases ‘massive’ oil deals with Iraq during visit from PM
in5points
US President Donald Trump said 'massive' new oil deals with Iraq would be announced soon during a visit from Iraqi PM Ali al-Zaidi.
Trump stated American companies would extract oil in Iraq, creating jobs for both countries.
The deals could be announced 'this week or next week,' though no details were provided.
Al-Zaidi seeks US investments to boost Iraq's oil and gas capabilities amid tensions over the Strait of Hormuz.
Iraq has raised the prospect of leaving OPEC to recoup oil sales lost due to the Iran war.
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