US squeezes Iraq with cash delays, sanctions waivers | The Malaysian Insight

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US squeezes Iraq with cash delays, sanctions waivers

The US has started delaying cash deliveries and sanctions waivers to Iraq in a bid to pressure Baghdad to limit Iran's influence on the country. – EPA pic, February 15, 2020.

IRKED by Iraq’s close ties to neighbouring Iran, Washington has begun following through on threats to squeeze Baghdad’s fragile economy with delays to crucial cash deliveries and slashed sanctions waivers. This week, the US granted Iraq last-minute leave to import Iranian gas for its crippled power grids, despite American sanctions on Tehran.

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