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What’s driving forward US dollar smuggling from Iraq to Iran?

Summary by The New Arab
Despite efforts by the Iraqi federal government and parliament to curb US dollar smuggling to Iran and other neighbouring countries, Iraq's economy continues to suffer from widespread illicit trade, including online transfers and cash smuggling across its borders. Direct US dollar transactions to Iran are often facilitated through currency market offices in multiple Iraqi provinces, in which dollars are usually converted into Iranian Rial in Ira…

Bias Distribution

  • 100% of the sources lean Left
100% Left
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The New Arab broke the news in London, United Kingdom on Monday, June 30, 2025.
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