US firms sign energy and other deals with Iraq after Trump touts its oil

U.S. firms, including Chevron and ConocoPhillips, have inked significant energy and other agreements with Iraq following President Trump's endorsement of the country's oil potential. This flurry of activity underscores Iraq's strategic importance in the global energy market. The deals could boost Iraq's oil production and its economic stability, while also marking a major step in U.S.-Iraq relations, especially in the energy sector. Trump's optimistic remarks have likely provided the needed confidence for these companies to invest heavily in the Iraqi market.