US blocks Iraq's dollar shipments to squeeze its Iran-backed militias and suspends security cooperation with Baghdad in an escalating pressure campaign, according to WSJ
The U.S.
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US blocks Iraq's dollar shipments to squeeze its Iran-backed militias and suspends security cooperation with Baghdad in an escalating pressure campaign, according to WSJ
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[MARKET ANALYSIS] T-note futures are little changed after recent declines and curve flattening as prospects of US-Iran talks faded
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blocking dollar shipments to Iraq intensifies pressure on Iran-backed militias and signals a noteworthy shift in U.S.-Iraq relations. This could lead to increased volatility in regional assets, particularly oil and safe havens like gold, as investors assess the implications for stability and potential retaliatory actions.
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