US Pledges To ‘starve’ Iraq Of Oil Revenue If Pro-Iran Parties Join New Government
Trump is turning up the pressure on Iraq in his campaign to destabilize Iran
Washington has threatened to block Iraq’s access to its own oil revenue held in the Federal Reserve Bank of New York if representatives of Shia armed parties enjoying support from Iran are included in the next government, Reuters reported on 23 January.
“The US warning was delivered repeatedly over the past two months by the US Charges d’Affaires in Baghdad, Joshua Harris, in conversations with Iraqi officials and influential Shi’ite leaders,” Reuters reported, citing three Iraqi officials and one source familiar with the matter.
The threat is part of US President Donald Trump’s effort to weaken Iran through a “maximum pressure” campaign of economic sanctions, including on the Islamic Republic’s oil exports…
Because of US sanctions, few countries can trade with Iran, increasing its reliance on Iraqi markets for exports and on Baghdad’s banking system as a monetary outlet to the rest of the world.
🔗SOURCE ➡️ The Cradle
Related: 11/7/25 — Washington Pushes Back After Iraq Links US Pullout To Resistance Disarmament
11/5/25 — State Department Says US Is Not Withdrawing From Iraq
11/3/25 — US Issues ‘Final Warning’ To Baghdad Over Iraqi Resistance Factions
9/19/25 — Washington Blocks Iraqi Imports Of Turkmen Gas Through Iran
5/2/25 — Iran, Iraq Move Forward With Plans To Boost Trade To $25bn Annually
11/10/24 — Trump looking to ‘drastically throttle’ Iran’s oil sales: Report
10/5/24 — Iran’s Oil Production Nears Pre-Sanctions Levels: Report
9/25/24 — Why Does The US Still Control Every Penny Of Iraqi Oil Revenues?
9/13/24 — Iran Inks 14 Cooperation Agreements With Iraq During Pezeshkian’s First Foreign Trip
8/10/24 — US Troops Return To Oil-rich Kirkuk Despite Talks To Withdraw From Iraq
7/9/24 — Iraq to Receive Turkmenistani Gas via Iran-Built Pipeline
3/29/24 — Iraq Signs Five-Year Natural Gas Deal with Iran
7/26/23 — The End of The PetroDollar, The Rise of BRICS is Here [X] — Full Article — TheMcgwire / @PsyopDaily Original
7/19/23 – US Issues New Sanctions Waiver Claiming to ‘Help’ Iraq Pay For Iranian Gas
…only to sanction 14 Iraqi banks the next day.
7/20/23 — US Bans 14 Iraqi Banks in Crackdown on Iran Dollar Trade
These sanctions on Iraqi banks plays into the same dynamic seen, with the US targeting individual banks in Turkey and the UAE with sanctions, after the nations ignored the US’s threats, I highlighted in my March 2022 series….
….The real question is why should the sovereign country of Iraq … have to beg the US permission to conduct business with its neighbor that is in its own interest?
Somewhere in the answer to that question, is the prime reason for why BRICS is rising.
…7/25/23 — Washington Names Itself ‘Custodian’ of Iraqi Debt Payments to Iran via Oman
And thus, its no wonder the global south is breaking away from US control, when it so often overrides their own interests[and sovereignty]
7/12/23 — Iraq to Trade Crude Oil for Desperately-Needed Iranian Gas
7/5/23 — Iraq Wants to Drop Dollar in Iran Trade to ‘Relieve US Pressure’: Report
”Over the past several months, Iraq has been working to lessen its dependence on the US dollar after Washington implemented several strict measures, including sanctions on Iraqi banks and rationing the dollar supply..”4/6/23 — CIA Director Tells Saudis the U.S. Was Blindsided By Iran Normalization Brokered by China
2/22/23 — Iraq to Allow Trade With China in Yuan – State Media
3/19/22: US Hegemony Threatened As Saudis, UAE, India Ignore Threats of Sanctions, Turn to Russia/China [X] —@PsyopDaily / TheMcgwire original A year and a Half Before [Saudi Arabia and UAE Joined BRICS]
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READ FULL ARTICLE: This article originally appeared on The Cradle
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