Washington’s Dollar Freeze Forces Baghdad to Decide: Crush Iran’s Proxy Network or Risk Escalation?
The Trump administration is intensifying pressure on Iraq over Iran-backed militias, delivering an explicit warning to Baghdad: dismantle groups targeting U.S. interests or face deteriorating bilateral relations. This escalation includes a reported freeze on U.S. dollar shipments to the Iraqi capital—a move that directly impacts Baghdad’s financial system, which relies heavily on oil revenue. U.S….