US oil firms sign deals with Iraq to develop alternative shipping routes

U.S. companies have signed roughly $60 billion in agreements and partnerships with the Iraqi government, including deals intended to create alternative routes for shipping oil out of the Persian Gulf.

Jul 17, 2026 - 23:00
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US oil firms sign deals with Iraq to develop alternative shipping routes
U.S. companies have signed roughly $60 billion in agreements and partnerships with the Iraqi government, including deals intended to create alternative routes for shipping oil out of the Persian Gulf.

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