Iran Says Iraq Banking Barriers Removed Hours After Trump Threat

Iran says Iraq banking barriers removed hours after Trump threat

Iran says banking obstacles with Iraq have been removed and funds could be drawn within weeks, hours after Trump threatened consequences for any country giving Tehran a financial lifeline.

Iran resolves banking obstacles with Iraq, plans for financial deals

Baghdad (IraqiNews.com) – Iran and Iraq have achieved a deal to remove long-standing financial hurdles, allowing Tehran to access an estimated $11 billion in blocked oil receivables in the coming weeks. Following the Central Bank of Iran (CBI) Governor Abdolnaser Hemmati’s high-level meetings with senior Iraqi officials in Baghdad, both countries are preparing for several critical financial and economic agreements. The settlement followed a seri…