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EconomyWestern oil companies see a ‘fantastic’ future in Iraq and sign agreements

Western energy companies signed dozens of agreements with Iraqi officials on Friday covering oil, gas and pipelines. Iraq, an OPEC member, is seeking to deepen its ties with the United States. The agreements also support efforts to develop alternatives to the Strait of Hormuz for sending Iraqi energy to global markets. The companies described Iraq’s future in highly positive terms.

Iraqoil and gasenergy agreementsStrait of Hormuz

RReuters★★★★☆2026-07-17 23:05Original

Western oil companies see a ‘fantastic’ future in Iraq and sign agreements
Western oil companies see a ‘fantastic’ future in Iraq and sign agreementsEconomy