US has reportedly threatened to curb the supply of USDs to Iraq in the scenario that they fail to disarm militants who are backed by Iran, FT reports
The US threatening to limit USD supply to Iraq highlights the geopolitical tension in the region, particularly regarding Iran's influence.
China and Russia have vowed to strengthen APAC coordination
J.D. Power (Jan): new-vehicle sales projected at 1.18mln, -2.7% Y/Y.
US has reportedly threatened to curb the supply of USDs to Iraq in the scenario that they fail to disarm militants who are backed by Iran, FT reports
Trump administration is reportedly removing a US official whose unit had banned Chinese vehicles, according to sources
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This could lead to increased volatility in oil prices, especially if the situation escalates or affects Iraq's production capacity, which is significant for global energy markets.
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