Saturday - May 9, 2026
Treasury Dept.: Economic Fury Targets Iraqi Oil Official, Iran-Backed Terrorist Militias in Iraq
May 08, 2026
WASHINGTON, May 8 -- The U.S. Department of the Treasury issued the following news release on May 7, 2026:

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Economic Fury Targets Iraqi Oil Official, Iran-Backed Terrorist Militias in Iraq

Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) increased economic pressure on Iran and its proxy militias in Iraq by designating individuals and businesses exploiting Iraq's oil sector and undermining the country's . . .

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