Trump’s talk of keeping Iraq’s oil sparking concerns | Fox News
WASHINGTON No one knows how seriously to take President Donald Trump's threat to seize Iraq's oil.
Doing so would involve extraordinary costs and risk confrontation with America's best ground partner against the Islamic State group, but the president told the CIA this weekend, "Maybe you'll have another chance."
The recycled campaign comment is raising concerns about Trump's understanding of the delicate Middle East politics involved in the U.S.-led effort against extremist groups. Trump has said he was opposed to the 2003 invasion that toppled Saddam Hussein's dictatorship. But on the campaign trail and again on Saturday, the day after his inauguration, he suggested the costly and deadly occupation of the country might have been offset somewhat if the United States had taken the country's rich petroleum reserves.
"To the victor belong the spoils," Trump told members of the intelligence community, saying he first argued this case for "economic reasons." He said it made sense as a counterterrorism approach to defeating the IS group "because that's where they made their money in the first place."
"So we should have kept the oil," he said. "But, OK, maybe you'll have another chance."
The statement ignores the precedent of hundreds of years of American history and presidents who have tended to pour money and aid back into countries the United States has fought in major wars. The U.S. still has troops in Germany and Japan, with the permission of those nations, but did not take possession of their natural resources. And taking Iraq's reserves, the world's fifth largest, would require an immense investment of resources and manpower in a country that the United States couldn't quell after spending more than $2 trillion and deploying at one point more than 170,000 troops.
U.S. enemies and friends would oppose the move. While Iraqi Prime Minister Haider al-Abadi has accepted U.S. help to retake IS-held territory in his country, he has repeatedly asserted Iraqi sovereignty. He said of Trump's oil vow in November, "I am going to judge him by what he does later."
Asked about the matter Monday, White House press secretary Sean Spicer stressed Trump's economic argument.
"We want to be sure our interests are protected," he told reporters. "We're going into a country for a cause. He wants to be sure America is getting something out of it for the commitment and sacrifice it is making."
There is uncertainty as to where Trump's idea derives from, though the president has noted that taking the oil is something "I have long said." Hints of this notion existed in some of the pre-2003 rhetoric from the Bush administration about the Iraq war "paying for itself." But top advisers to President George W. Bush have stressed how the future of Iraq's resources were pointedly left out of decision-making related to the invasion so as not to fuel a perception that the war was driven by oil concerns.
Bush "almost bent over backwards not to make a special effort to gain access for us to the oil resources," John Negroponte, who was Bush's director of national intelligence, told CNN.
Regarding Trump, former CIA Director and Defense Secretary Robert Gates told NBC, "I have no clue what he's talking about."
Taking the oil would require a permanent U.S. occupation, or at least until Iraq's 140 billion barrels of crude run out, and a large presence of American soldiers to guard sometimes isolated oil fields and infrastructure. Such a mission would be highly unpopular with Iraqis, whose hearts and minds the U.S. is still try to win to defeat groups such as IS and al-Qaida.
"This is totally wrong," said Zaher Aziz, a 42-year-old owner of a market stand in Irbil. "They came here by themselves and occupied Iraq. And now they want the Iraqis to pay for that?"
However unrealistic Trump's suggestion, intelligence officials believe more has to be done to cut off Islamic State oil revenues. The group seized significant oil when it stormed across Syria's border in 2014 and seized the city of Mosul and large swaths of Iraqi territory. The U.S. Treasury Department estimated that IS raked in $500 million from oil and gas sales in 2015. That figure is likely lower now as a result of U.S.-led operations, but officials say oil continues to fund the group's recruitment and far-flung terrorist activities.
"In terms of oil helping establish ISIS, of course that's oversimplification," said Hassan Hassan, co-author of the book "ISIS: Inside the Army of Terror," using an alternate acronym from the militants. He said oil was a small part of the group's "origins and early years," when it morphed from an al-Qaida branch to an organization claiming a worldwide caliphate.
___
AP videojournalist Balint Szlanko in Irbil, Iraq, contributed to this report.
See the rest here:
Trump's talk of keeping Iraq's oil sparking concerns | Fox News
- Iran says Iraq exempt from any Strait of Hormuz restrictions - Reuters - April 5th, 2026 [April 5th, 2026]
- Iran Clears Iraq to Use Strait of Hormuz - wsj.com - April 5th, 2026 [April 5th, 2026]
- Iraq War Vet Dem Rep.: The longer the war goes on, the more leverage Iran has - MS NOW - April 5th, 2026 [April 5th, 2026]
- U.S. tells Americans in Iraq to leave immediately amid threat from Iran-backed militias - NBC News - April 5th, 2026 [April 5th, 2026]
- Iran-backed militias are destroying Iraq. Baghdad must take them on. - Atlantic Council - April 5th, 2026 [April 5th, 2026]
- American journalist abducted in Iraq had just trained on what to do in case she was kidnapped: Colleague - ABC News - April 5th, 2026 [April 5th, 2026]
- Americans in Iraq warned to leave 'now' amid threats of imminent attacks - NBC News - April 5th, 2026 [April 5th, 2026]
- In Iran, Iraq and the U.S., Women Speak Out Against State Repression - Ms. Magazine - April 5th, 2026 [April 5th, 2026]
- New Iraq report urges stronger action to protect Christians and other religious minorities - christiantoday.com - April 5th, 2026 [April 5th, 2026]
- Drone strikes signal escalating threat to Iraqi oil sector - Iraq Oil Report - April 5th, 2026 [April 5th, 2026]
- 21 games later: Iraq back at the World Cup after epic qualifying campaign - The Guardian - April 5th, 2026 [April 5th, 2026]
- Middle East Conflict: Tensions spill over to Iraq, with residential areas and public infrastructure hit by drone attacks - news.cgtn.com - April 5th, 2026 [April 5th, 2026]
- Iraq shuts key trade crossing with southern Iran after airstrikes near border post - The Times of Israel - April 5th, 2026 [April 5th, 2026]
- Iraq closes southern border crossing with Iran following deadly strike - China Daily - Global Edition - April 5th, 2026 [April 5th, 2026]
- Ohio National Guard pilot killed in Iraq to be buried Friday - FOX19 | Cincinnati - April 5th, 2026 [April 5th, 2026]
- America is about to hand Iraq to Iran again - Washington Examiner - April 5th, 2026 [April 5th, 2026]
- Freelance journalist from southern Wisconsin kidnapped in Iraq - WKOW - April 5th, 2026 [April 5th, 2026]
- US Embassy in Iraq warns Americans to leave now as Middle East strikes intensify - The Hill - April 5th, 2026 [April 5th, 2026]
- Iran: Iraq to be exempt from any Hormuz restrictions - Breakingthenews.net - April 5th, 2026 [April 5th, 2026]
- Iraq weather update: Clear skies south, rain and thunder in the north - Iraqi News - April 5th, 2026 [April 5th, 2026]
- Iran eases transit restrictions for Iraq, but US-Iran ceasefire odds drop - cryptobriefing.com - April 5th, 2026 [April 5th, 2026]
- CAIR Calls for Release of Wisconsin Journalist Shelly Kittleson Kidnapped in Iraq - CAIR - April 5th, 2026 [April 5th, 2026]
- Iraq War pilots among military experts enabling first crewed moon mission in more than 50 years - Stars and Stripes - April 5th, 2026 [April 5th, 2026]
- Iraqi Resistance Fighter Carry 19 Anti-US Ops Across Iraq - WION - April 5th, 2026 [April 5th, 2026]
- Deadly airstrike shuts Iraq's Shalamcheh crossing with Iran - Trkiye Today - April 5th, 2026 [April 5th, 2026]
- Iraq's World Cup qualification 'one of the toughest jobs in the world' - Arnold - espn.com - March 30th, 2026 [March 30th, 2026]
- Alive or not? Mojtaba Khamenei resurfaces with message to Iraq after Trump claim - India Today - March 30th, 2026 [March 30th, 2026]
- Iraq one step from first World Cup in 40 years after overcoming travel problems - MSN - March 30th, 2026 [March 30th, 2026]
- Latest message purportedly from Irans new supreme leader thanks Iraq for war support - The Times of Israel - March 30th, 2026 [March 30th, 2026]
- Khamenei Commends Iraq for Standing with Iran in War Against US, Israel - Caspian Post - March 30th, 2026 [March 30th, 2026]
- Rene Meulensteen: Qualifying for a World Cup is an opportunity to change the perception of Iraq - The Athletic - The New York Times - March 30th, 2026 [March 30th, 2026]
- Bolivias youthful reinvention takes them to brink of World Cup, but Iraq have cause to believe - The Athletic - The New York Times - March 30th, 2026 [March 30th, 2026]
- U.S. Policy in Iraq Deepens Its Crises Rather than Resolving Them - Middle East Forum - March 30th, 2026 [March 30th, 2026]
- The Long Shadow of the Iran-Iraq War - newlinesmag.com - March 30th, 2026 [March 30th, 2026]
- Iranians at the border crossing into Iraq urge the US to end the war - The Lufkin Daily News - March 30th, 2026 [March 30th, 2026]
- U.S. Tells Citizens to Leave Iraq After Second Attack on Embassy - The New York Times - March 30th, 2026 [March 30th, 2026]
- Sister recounts relentless fight to free sibling held captive in Iraq for 903 days - CBS News - March 30th, 2026 [March 30th, 2026]
- AP reports: Iranians at border crossing into Iraq urge US to end the war - Yahoo - March 30th, 2026 [March 30th, 2026]
- Mojtaba Khamenei Breaks Silence After Trump Question His Absence; Thanks Iraq For Supporting In War - The Times of India - March 30th, 2026 [March 30th, 2026]
- Three Ohio airmen killed in crash over Iraq to be returned to Columbus - WLWT - March 30th, 2026 [March 30th, 2026]
- Irans IRGC threatens to strike American universities in Iraq - Iraqi News - March 30th, 2026 [March 30th, 2026]
- Excavations at Alexander the Great's rediscovered city in Iraq postponed due to war - The Art Newspaper - March 30th, 2026 [March 30th, 2026]
- Exiled Iranian Kurds in Iraq say they will return only if Iran's theocracy falls - PBS - March 22nd, 2026 [March 22nd, 2026]
- Nato relocates personnel from Iraq mission to Europe amid conflict in Middle East as it happened - The Guardian - March 22nd, 2026 [March 22nd, 2026]
- Kurds in northern Iraq celebrate the new year festival of Nowruz, in photos - AP News - March 22nd, 2026 [March 22nd, 2026]
- Irans proxy militias in Iraq blast open a new front in war against US - The Jerusalem Post - March 22nd, 2026 [March 22nd, 2026]
- From the archives: Airmen at Bashur Airfield, Iraq - Stars and Stripes - March 22nd, 2026 [March 22nd, 2026]
- A Look Back at the U.S.-led Invasion of Iraq, 23 Years On - PBS - March 22nd, 2026 [March 22nd, 2026]
- NATO says it is 'adjusting' mission in Iraq after report of withdrawal of personnel - Reuters - March 22nd, 2026 [March 22nd, 2026]
- Iraq declares force majeure on foreign-operated oil fields over Hormuz disruption, sources say - Middle East Eye - March 22nd, 2026 [March 22nd, 2026]
- Fire reported after attack near US military base in northern Iraq - Anadolu Ajans - March 22nd, 2026 [March 22nd, 2026]
- Iraq's Kataib Hezbollah says it will temporarily suspend attacks on US embassy with conditions - Reuters - March 22nd, 2026 [March 22nd, 2026]
- Father of 3 deployed less than week among 6 airmen killed in plane crash in Iraq - NBC 6 South Florida - March 22nd, 2026 [March 22nd, 2026]
- Iraq Unable to Control Armed Militias, Kurdish Official Warns, Citing Hundreds of Attacks - Kurdistan24 - March 22nd, 2026 [March 22nd, 2026]
- Dollar steady in Iraq as Eid holiday halts trading - - March 22nd, 2026 [March 22nd, 2026]
- Iraq says investigations ongoing over attacks on diplomatic missions - thenewregion.com - March 22nd, 2026 [March 22nd, 2026]
- Trumps Iran War Already Costs More Than Bushs Iraq Opening - Newsweek - March 22nd, 2026 [March 22nd, 2026]
- Pentagon targets Iran-linked militias in Iraq as Hegseth vows 'we will finish this' for fallen US troops - Fox News - March 22nd, 2026 [March 22nd, 2026]
- Exiled Iranian Kurds in Iraq say they will return only if Irans theocracy falls - Los Angeles Times - March 22nd, 2026 [March 22nd, 2026]
- From the archives: Day 1 of the Iraq War - CBS News - March 22nd, 2026 [March 22nd, 2026]
- Post-Saddam Iraq at 23: The War It Never Wanted Is Back - Modern Diplomacy - March 22nd, 2026 [March 22nd, 2026]
- Kurds in northern Iraq celebrate the new year festival of Nowruz, in photos - Union-Bulletin - March 22nd, 2026 [March 22nd, 2026]
- On World Water Day 2026, know about the Mandaeans of Iraq and Iran and their aqua-centric faith - Down To Earth - March 22nd, 2026 [March 22nd, 2026]
- Iranian Kurdish fighters find themselves in the middle of U.S.-Iran war as they wait in Iraq - CBC - March 22nd, 2026 [March 22nd, 2026]
- Iranian Kurds long for home as they mark Nowruz in Iraq - AL-Monitor - March 22nd, 2026 [March 22nd, 2026]
- The 200 Spanish soldiers who remained in Iraq have been successfully evacuated - thediplomatinspain.com - March 22nd, 2026 [March 22nd, 2026]
- Exiled Iranian Kurds in Iraq say they will return only if Irans theocracy falls - AP News - March 22nd, 2026 [March 22nd, 2026]
- Same Lies, New War: Trump and the Iraq Playbook - Reason Magazine - March 22nd, 2026 [March 22nd, 2026]
- Pilot Honors Three Ohio Air National Guardsmen Killed in Refueling Tanker Crash in Iraq - The Weekly Times - March 22nd, 2026 [March 22nd, 2026]
- French jihadist sentenced to life in jail over IS group genocide of Iraq's Yazidis - France 24 - March 22nd, 2026 [March 22nd, 2026]
- Iraq Was the Warm-Up: Iran Is the Trap - RealClearDefense - March 22nd, 2026 [March 22nd, 2026]
- U.S. Embassy in Baghdad Targeted as Iraq Gets Drawn Deeper Into Regional War - The New York Times - March 9th, 2026 [March 9th, 2026]
- Beware the similarities between the wars in Iraq and Trumps Iran war - The Seattle Times - March 9th, 2026 [March 9th, 2026]
- From Iraq to Iran: How Congress Handed Over War Powers to the Presidency - Military.com - March 9th, 2026 [March 9th, 2026]
- The U.S. Embassy in Baghdad was targeted in a rocket attack over the weekend as Iraq found itself being drawn deeper into the war engulfing... - March 9th, 2026 [March 9th, 2026]
- Iraq coach Graham Arnold urges FIFA to delay his team's World Cup playoff because of the Iran war - NBC 6 South Florida - March 9th, 2026 [March 9th, 2026]
- Action on Another Front: Strikes on Pro-Tehran Militias in Iraq - Foundation for Defense of Democracies - March 9th, 2026 [March 9th, 2026]
- Oil and gas production shutdowns in Iraq and Kuwait widen the Iran war's impact on energy prices - Fortune - March 9th, 2026 [March 9th, 2026]
- Opinion | Trumps Iran War and the Shadow of Iraq - The New York Times - March 9th, 2026 [March 9th, 2026]
- Iraq coach Graham Arnold urges FIFA to delay his team's World Cup playoff because of the Iran war - Temple Daily Telegram - March 9th, 2026 [March 9th, 2026]