Can Oil Deals Reset US-Iraqi Relations?

By Yesar Al-Maleki, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.

Can Oil Deals Reset US-Iraqi Relations?

As Iraq and the United States enter a new phase in their relationship, oil is assuming a more central role.

During Prime Minister Ali al-Zaidi's first visit to the White House in July, President Donald Trump framed the shift explicitly: as US forces withdraw by September 30, American oil companies should take their place.

Recasting the relationship on trade and investment is essential, but delivering that transition will be difficult. . This has only become more urgent after Iran's closure of the Strait of Hormuz exposed the vulnerability of Iraq's oil-dependent economy.

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