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Iraq’s Oil Future Shifts with U.S. Deals | Global News

Published
July 18, 2026
Duration
1:39
Summary source
description
Last updated
Jul 19, 2026

Discusses daily.

Summary

American companies just locked in $60 billion in deals with Iraq, reshaping global energy logistics — from healthcare to infrastructure, but the big move? Creating new oil export routes to bypass the Strait of Hormuz. After Iraqi PM Ali Falah al-Zaidi met with U.S. energy leaders, calling for long-term partnerships, Chevron signed three key deals — two to…

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Show notes

American companies just locked in $60 billion in deals with Iraq, reshaping global energy logistics — from healthcare to infrastructure, but the big move? Creating new oil export routes to bypass the Strait of Hormuz. After Iraqi PM Ali Falah al-Zaidi met with U.S. energy leaders, calling for long-term partnerships, Chevron signed three key deals — two to boost production, one to build a pipeline. Meanwhile, the U.S. helped broker a joint Iraq-Syria oil pipeline revival, with a U.S.-led consorti

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