Iraqi PM heads to US seeking balance between security and economy

by | Jul 13, 2026 | World

Iraqi Prime Minister Ali al-Zaidi is travelling to the United States for talks with President Donald Trump, in what will be his first foreign trip since taking office in May.During this week’s meetings, al-Zaidi is expected to sign agreements in energy and trade while also boosting investment with US companies.Iraqi government spokesman Haider al-Aboudi told reporters on Sunday the visit to Washington, DC, will mark a shift in the countries’ relations “from a framework of crisis management to a strategic economic partnership”.The focus, he said, would not be about striking a “temporary” agreement but about establishing “a durable, long-term partnership that serves the shared interests of both countries”.Al-Aboudi said oil would be “a top priority” during the visit as the Iraqi government seeks to increase production and find alternative export hubs to lessen the consequences of any future closure of the Strait of Hormuz.Iraq was one of the countries badly hit by the shutting down of the critical waterway in recent months due to the US-Israel war on Iran, as about 90 percent of its 3.4 million barrels per day (bpd) of exports passes through it.Al-Aboudi said Iraq’s proposal to establish an energy and development fund with the US would be on the table to finance any projects that would be agreed upon, especially in the energy sector.Al-Zaidi had previously said the fund would initially be structured in oil exports of 500,000 bpd with the goal of increasing to as much …

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