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

He assures of creating “a lot of jobs” for both countries

US 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, DC, US, Jul 14, 2026. REUTERS/Evan Vucci

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."