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Trump Threatens Iraq: Oil Revenue at Risk Post-Election

1/27/2026

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Summary

Story summary

Following Iraq's 2025 parliamentary election, U.S. President Donald Trump threatens to withhold Iraq's oil revenue held in dollars at the Federal Reserve.
The pressure targets Shi'ite parties, many tied to Iran-aligned militias, which the United States sees as incompatible with a strong partnership.
The State of Law Party, linked to former Prime Minister Nouri al-Maliki, faces challenges from its armed-group connections, raising concerns about Iraq's autonomy and future governance.

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Story summary

Following Iraq's 2025 parliamentary election, U.S. President Donald Trump threatens to withhold Iraq's oil revenue held in dollars at the Federal Reserve.
The pressure targets Shi'ite parties, many tied to Iran-aligned militias, which the United States sees as incompatible with a strong partnership.
The State of Law Party, linked to former Prime Minister Nouri al-Maliki, faces challenges from its armed-group connections, raising concerns about Iraq's autonomy and future governance.