US troops are leaving Iraq, but Washington’s financial influence over Baghdad remains. Iraq owns its oil and its revenues, yet a crucial part of its oil-dollar system remains centred on the Federal Reserve Bank of New York. Why does Iraq keep its oil revenues in New York? How did the system begin after the 2003 US invasion? Why did the original UN-backed arrangement continue after 2011? And how does Iraq’s dependence on the US dollar give Washington leverage over Baghdad?
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US Troops Iraq | Iraq US Withdrawal | Donald Trump | Iraq Oil Revenues | US Iraq Relations | New York Federal Reserve | Iraq Oil Money | Federal Reserve Bank | Iraq Economy | Operation Inherent Resolve | Iraq Security | US Military | Iran Influence | Middle East Security | Firstpost Live | Firstpost | Hem Saroya | Vantage
#usiraq #iraq #ustroops #iraqwithdrawal #donaldtrump #iraqoil #oilrevenues #iraqeconomy #newyorkfed #usmilitary #iraqsecurity #middleeast #iran #firstpost #vantageonfirstpost
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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