04.02.2024 - 15:40 [ theCradle.co ]

Iraqi parliament calling to ditch US dollar for oil trade

(01.02.2024)

Washington imposed sanctions on Iraqi Al-Huda Bank this week, under claims of laundering money for Iran. Several other banks have been hit with similar sanctions over the past year.

The statement came the same day a senior US Treasury official said Washington expects Baghdad to help identify and disrupt the funds of Iran-backed resistance factions in Iraq.