Tag Archives | sanctions

Senate Armed Services Chair endorses Iraq Sanctions

By Bryant Harris for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Senate Armed Services Chairman Inhofe endorses Iraq sanctions The Donald Trump administration is doubling down on its Iraq pressure campaign, threatening to impose devastating sanctions on the fragile country […]

Video: Trump Threatens Iraq with Sanctions

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. US President Donald Trump ratcheted up his rhetoric with Iran and Iraq late on Sunday, warning of a “major retaliation” if Iran strikes back to avenge the US assassination of one of its […]

US Sanctions Driving Iran to Tighten Grip on Iraq

By James Risen, for The Intercept. Massive, sustained protests in Baghdad and Tehran that have been met with violent responses from security forces throughout the fall and winter have rapidly altered the political dynamics in both Iraq and Iran. But it is still uncertain whether the grassroots anger that has erupted will lead to significant […]

US Sanctions Militia Leaders in Iraq

Treasury Sanctions Iran-Backed Militia Leaders Who Killed Innocent Demonstrators in Iraq Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three leaders of Iran-backed militias in Iraq that opened fire on peaceful protests, killing dozens of innocent civilians. OFAC designated Qais al-Khazali, Laith al-Khazali, and Husayn Falih ‘Aziz al-Lami pursuant […]

Sanctioned Russian Firm may Develop Iraq’s Block 17

By John Lee. Russia’s Stroytransgaz has signed a preliminary contract for the exploration, development and production of Block 17, in Anbar province. At a signing ceremony in Wednesday, Deputy Prime Minister for Energy Affairs and Oil Minister Thamer Abbas Ghadhban said that preliminary studies and information indicate the existence of oil reserves ranging between 2 […]

US Sanctions Four Iraqis

On Thursday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two militia figures, Rayan al-Kildani and Waad Qado, and two former Iraqi governors, Nawfal Hammadi al-Sultan and Ahmed al-Jubouri, pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators […]

Basra Protests Build as Sub-standard Services Persist

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Basra protests build in Iraq as sub-standard services persist In an exclusive interview with Al-Monitor, Iraqi Minister of Electricity Luay al-Khatteeb talked about the situation of Iraq’s electricity sector amid tense […]

US Grants Iraq Waiver to Buy Iranian Electricity

By John Lee. The Trump administration has reportedly granted Iraq a 120-day waiver from its sanctions against Iran, to allow it to continue importing electricity from the country during the hottest of the summer weather. The decision followed a phone call on Friday between Secretary of State Michael Pompeo (pictured) and Iraqi Prime Minister Adel […]