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Wednesday, July 8, 2026

Iraq said to halt dollar flows to Iranian militias

 Iraq formally agreed to US demands to halt dollar flows to Iran and its network of militias in the country, The Wall Street Journal reported on Wednesday, citing government officials. The decision comes in the wake of increased pressure on Iraq to limit dollar liquidity for Iranian proxies.

As part of the agreement, the Trump administration has voiced a readiness to lift a suspension of US currency shipments to Baghdad, which has been in place for four months and left Iraq in dire need of dollar-denominated cash from its oil sales.

https://breakingthenews.net/Article/Iraq-said-to-halt-dollar-flows-to-Iranian-militias/66660022

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