US halts shipment of Iraq’s oil dollars in bid to curb Iran-linked groups
World

US halts shipment of Iraq’s oil dollars in bid to curb Iran-linked groups

Al Jazeera·3h ago·Fear

What Happened

The United States halted a $500 million shipment of banknotes to Iraq's central bank, pausing security cooperation to pressure Baghdad against Iran-aligned groups. This marks the second delayed dollar transfer since late February. Washington seeks to weaken Iraq's ties with Iran amid regional tensions and attacks by Iranian-backed factions.

Key Entities

United StatesIraqIranFederal Reserve Bank of New YorkPopular Mobilisation Forces (PMF)US Department of the Treasury

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