AFP - The bank through which Iraq pays for Iranian gas imports to power its grids said Tuesday it would stop processing payments if a crucial US sanctions exemption expires next month. "We'll stop. As simple as that," the head of Trade Bank of Iraq (TBI) Faisal al-Haimus told AFP. That could be devastating for Iraq's crippled electricity sector, ...

BBC - President Trump has threatened severe sanctions against Iraq after its parliament called on US troops to leave the country. "We have a very extraordinarily expensive air base that's there. It cost billions of dollars to build. We're not leaving unless they pay us back for it," he told reporters. Tensions are high after the US assassinated ...

Al-Monitor | Ali Mamouri: As tensions between Washington and Tehran rise across the region, the United States is making life more difficult for Iran in Iraq. The Treasury Department sanctioned four Iraqis who are close to Iran on July 18. Those sanctioned include two former provincial governors and two militia leaders, all known as figures close ...

MNA The United States on Wednesday sanctioned an Iraqi company and two of its associates, which it said had helped Irans Islamic Revolutionary Guards Corps-Quds force evade sanctions. According to a statement by Treasury Secretary Steven Mnuchin as reported by Reuters, Wednesdays sanctions targeted Baghdad-based South Wealth Resources Company. ...