How the US controls Iraq's oil revenues

How the US controls Iraq's oil revenues

US forces are set to withdraw on Wednesday from their last bases in Iraq, a departure celebrated as a victory by Iran and its allies, which have deep influence in the country where 4,500 Americans died during more than two decades of war.

EXPLAINER | How the US controls Iraq’s oil revenues

Even after the withdrawal of US troops, Washington still holds powerful sway over Iraq’s oil revenues

Explained: How the US controls Iraq's oil revenues

US troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, which remain held at the Federal Reserve Bank of New York. The arrangement supports financial stability and dollar access, but has also given the US influence over Baghdad and helped enforce pressure on Iran-linked financial networks.

The Hidden Mechanism Behind Washington's Control Of Iraq's Oil Money

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero