Iraq's prime minister seeks big energy investments on US trip
AI Summary
Iraq's Prime Minister Ali al-Zaidi is visiting the White House aiming to attract significant US investments in Iraq's oil, gas, and power sectors. This move comes as Iraq seeks to diversify international partnerships to address regional instability following disruptions in crude output due to the Iran war.
By Ahmed Rasheed and Muayad Hameed BAGHDAD, July 13 - Iraq's new Prime Minister Ali al-Zaidi aims to secure major U.S. investment in his country's oil, gas, and power sectors during a visit to the White House this week after the Iran war hammered crude output and state finances. Iraq's government is increasingly focused on diversifying international partnerships to better cope with regional instability, analysts say, an agenda expected to take centre stage during the July 13-18 visit.