Iraq & United States — United States Department of the Treasury

Iraq: Iraq is directly affected by the US decision to halt dollar shipments and suspend security cooperation, facing economic and security challenges due to the pressure to dismantle Iran-backed militias.

United States — United States Department of the Treasury: Officials from the United States — United States Department of the Treasury blocked the delivery of nearly $500 million in US banknotes to Iraq.

Iraq: Iraq's oil ministry denied the US allegations against Ali Maarij Al-Bahadly and expressed readiness to cooperate in an investigation. The country is under pressure from the United States to curb ties with Iran-linked networks.

United States — United States Department of the Treasury: The United States — United States Department of the Treasury announced the sanctions against Ali Maarij Al-Bahadly and the Iran-aligned militias, stating its commitment to preventing Iran's military from exploiting Iraqi oil.

Iraq: Basra, Iraq, is the destination for a Malta-flagged vessel, as its ports are not under the U.S. blockade.

United States — United States Department of the Treasury: United States — United States Department of the Treasury stated it would not renew the temporary easing of sanctions on Iranian oil.

United States — United States Department of the Treasury: United States — United States Department of the Treasury yields eased on word of a potential ceasefire, indicating a reduction in market uncertainty and a positive impact on bond markets.