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US Withholding Iraq’s Own Oil Money Over Ties to Iran

The United States has halted dollar shipments to Iraq’s cash-based economy in an effort to force the Baghdad government to distance itself from Iran. The money comes from Iraq’s oil revenues.

Apr 22, 2026 Iraq Iran US Dollar (Currency)
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US Withholding Iraq’s Own Oil Money Over Ties to Iran Iraq Apr 22, 2026 US Withholding Iraq’s Own Oil Money Over Ties to Iran The United States has halted dollar shipments to Iraq’s cash-based economy in an effort to force the Baghdad government to distance itself from Iran. The money comes from Iraq’s oil revenues.
US Withholding Iraq’s Own Oil Money Over Ties to Iran

The United States has halted dollar shipments to Iraq’s cash-based economy in an effort to force the Baghdad government to distance itself from Iran. The money comes from Iraq’s oil revenues.

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