26-January-2026
Corporate News
 
Explainer-How the U.S. Controls Iraq's Oil Revenues
24-Jan-2026

The United States, since its 2003 invasion of Iraq, has held effective control over the country's oil revenue dollars, giving Washington extraordinary leverage over Baghdad's affairs, with implications for regional dynamics involving Iran. How does the U.S. control Iraq's oil revenues?

News Source:- https://money.usnews.com/investing/news/articles/2026-01-23/explainer-how-the-u-s-controls-iraqs-oil-revenues