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Jul 21, 2026
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Iraq Signs $200B Energy Deals

OBBM Network Editorial Staff
July 21, 2026
Iraq Signs 200B Energy Deals

Iraq’s oil minister said on Tuesday that agreements signed between the oil ministry and US companies during the Iraqi Prime Minister Ali al-Zaidi’s visit to the US were estimated at $200 billion.

The agreements would add significant oil production capacity and increase investment in associated gas projects, according to the minister, Basim Mohammed.

Iraq’s oil production capacity currently stands at 4.8 million barrels per day.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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