Kadhimi woos Washington
The new Iraqi premier is leveraging the US administration’s loathing for Iran to secure energy investments
Iraqi prime minister Mustafa Kadhimi's first official trip to the US in late August, just months into the job, was followed by the announcement of a slew of gas and power-focussed deals with American energy companies. The White House described them as being designed to enable "rapid progress towards energy independence from Iran". Yet the details of the deals—or lack thereof—suggest Iran has little immediate cause to fear losing either the cash or political influence it gains from its arrangement. The five US agreements’ stated value of “up to $8bn” covers a broad range—and only one had a specific value attached. The key accord, in terms of the core US aim of increasing Iraqi gas production,
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation






