Trump Says US Will Be Doing a Lot of Deals With Iraq, Taking a Lot of Oil Out

U.S. President Donald Trump shakes hands with Iraqi Prime Minister Ali al-Zaidi as they participate in a bilateral meeting in the Oval Office at the White House in Washington, D.C., U.S., July 14, 2026. REUTERS/Evan Vucci

WASHINGTON, July 14 (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.

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“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.”

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

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Copyright 2026 Thomson Reuters.

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