22-July-2026
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Iraq's Oil Minister Says US Energy Deals Worth About $200 Billion
22-Jul-2026

Iraq's oil minister said on Tuesday that agreements signed between the oil ministry and U.S. companies during the Iraqi Prime Minister Ali al-Zaidi's visit to U.S. were estimated at $200 billion. In an interview with Iraqi state television, the minister Basim Mohammed said the agreements would add significant oil production capacity and increase investment in associated gas projects. He also said Iraq's oil production capacity currently stands at 4.8 million barrels per day.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-21/iraqs-oil-minister-says-us-energy-deals-worth-about-200-billion