✉news BusinessBanking first seen 7 h ago, last 56 min ago, peak #6
US exits Iraqi bases but keeps grip on oil revenues
Original: As it exits bases, US maintains leverage over Iraq with control of oil revenues
The United States is scaling back its military presence at bases in Iraq, but retains significant leverage over Baghdad through its role in handling Iraqi oil revenues. Observers note that Washington's continued influence over the country's oil finances means the drawdown of troops does not amount to a full loss of US leverage over Iraqi decision-making.
Why now: Fresh reporting highlights how US influence in Iraq persists despite military drawdown, sparking debate over sovereignty and economic control.
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- As it exits bases, US maintains leverage over Iraq with control of oil revenues · thearabweekly.com
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