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Politics

Washington Freezes Iraq's Oil Billions to Punish Tehran Ties

Sarah Mitchell 0 comments 7 min read
Washington Freezes Iraq's Oil Billions to Punish Tehran Ties

The United States has cut off dollar transfers that sustain Iraq's economy, leveraging the country's own oil revenues as leverage in a broader effort to weaken Baghdad's alignment with Iran.

Iraq depends heavily on cash flowing from its petroleum sales. By halting these dollar shipments, Washington is applying direct financial pressure on the Iraqi government to sever or significantly reduce its ties to Tehran.

The move reflects escalating U.S. frustration over Iraq's failure to distance itself from Iranian influence despite years of diplomatic appeals. The freezing of these funds represents one of the most aggressive steps Washington has taken to force Iraqi compliance on the issue.

Author Sarah Mitchell: "This is economic coercion dressed up as foreign policy, and it punishes ordinary Iraqis caught between two powers fighting for their country's loyalty."

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