President Donald Trump outlines a new Middle East strategy focused on reducing military dependence, expanding Gulf investment in the United States, creating American jobs, and strengthening U.S.-Iraq energy partnerships.
In these July 14, 2026 Oval Office remarks with Iraqi Prime Minister Ali al-Zaidi, Trump explains why he favors investment agreements over Strait of Hormuz fees, says American companies will lead new oil and energy deals, and responds to the latest inflation report.
The June 2026 Consumer Price Index fell 0.4% month over month, while remaining 3.5% higher than one year earlier. Watch the president’s complete argument in chronological order, from national security and Middle East policy to American investment, jobs, energy, and inflation.
Source: The White House
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