Advertisement

US Imposes Sanctions on Iraq’s Deputy Oil Minister, Militias Over Iran Support

Advertisement

U.S. Sanctions Iraq Deputy Oil Minister Over Iran Support

The U.S. Treasury Department imposed sanctions on Thursday on Iraq’s deputy oil minister, Ali Maarij Al-Bahadly, and three senior leaders of Iran-aligned militias for alleged support to Iran.

Allegations include the deputy minister abusing his position to facilitate the diversion of oil for Iranian regime benefit and proxy militia operations in Iraq.

The U.S. is sanctioning these individuals amid reports that Iran and the U.S. are nearing a temporary agreement to halt hostilities, with Tehran reviewing a proposal to stop fighting but leave major issues unresolved.

U.S. Treasury Secretary Scott Bessent stated, “Treasury will not stand idly by as Iran’s military exploits Iraqi oil to fund terrorism against the United States and our partners.”

The sanctions freeze U.S. assets of those targeted and prohibit Americans from dealing with them.

Advertisement
News Desk

Recent Posts

NEVO Is Next: Master Changan Continues Bringing Changan’s Global House of Brands to Pakistan

Master Changan Motors Limited (MCML), Pakistan’s No.1 new entrant and leading Chinese automotive brand, is…

1 hour ago

IFC and Bank Alfalah Partner on Pakistan’s First Diversified Payment Rights Issuance, Marking a Key Milestone in the Development of Pakistan’s Debt Capital Market

The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement marking…

2 hours ago

Meezan Bank Opens its First Round-the Clock Assisted Service Center

Meezan Bank, Pakistan’s premier Islamic bank, has inaugurated its first Service Center at Clifton Bridge,…

3 hours ago

Tax Changes Reset Pakistan’s Hybrid SUV Pricing as Chery Pushes Aggressive Value Play

KARACHI: Pakistan’s hybrid and plug-in hybrid vehicle market is entering a sharper phase of price…

1 day ago

AKUH Receives Third Consecutive International Platinum Award for Heart Attack Care

The Aga Khan University Hospital (AKUH) has received its third consecutive Platinum Performance Achievement Award…

2 days ago

Bank Alfalah and WWF-Pakistan Mark Pakistan’s Independence Day with Alfa Forest Mangrove Plantation Drive

To commemorate Pakistan's Independence Day, Bank Alfalah, one of Pakistan's leading commercial banks, partnered with…

1 week ago