← Back to Timeline
STANDARD ECONOMIC UNVERIFIED

US Resumes Dollar Transfers to Iraq Amid PM's Crackdown on Iran-Backed Militias

Jul 01, 2026 11:01 PM CT Baghdad, Iraq US-Iraq relations, Iran-backed militias, economic warfare, Iraq security

Summary

The United States has resumed dollar transfers to Iraq following a month-long suspension, coinciding with Prime Minister Ali al-Zaidi's efforts to curb the influence of Iran-backed militias. This development signals a shift in US-Iraq economic relations and supports Baghdad's internal security measures against Iranian proxy forces, potentially impacting the operational capacity of militias in the region.

Full Content

Iraq’s prime minister, Ali al-Zaidi, has taken steps to try to rein in Iran-backed militias in his country.

Sources (1)

T2 New York Times World
70% reliable Link

Actor Responses

United States NEUTRAL

Resumed dollar transfers to Iraq after a month-long suspension.

Iran NEUTRAL

Backs militias in Iraq that are being targeted by the Iraqi government's crackdown.