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Tue · 15 Sep 2026
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Iraq Signs $200 Billion in Energy Deals With US Amid Iran Campaign

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Iraq Signs $200 Billion in Energy Deals With US Amid Iran Campaign

🛢️ BAGHDAD — Washington bombs Iran's oil grid and signs a $200B deal next door. 📌 LOOK CLOSER: Iraq shares a border and an economy with Iran — yet Baghdad just handed Washington a $200B energy anchor. The deals lock US firms into Iraqi supply infrastructure precisely as Hormuz collapses and Iran's export terminals burn. For Tehran, this is strategic encirclement: its neighbor absorbs the demand Iran can no longer serve. Iraq's neutrality just has a price tag.

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