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The Trump administration halted U.S. dollar shipments to Iraq and froze security cooperation programs with its military, pressing Baghdad to dismantle Iran-backed militias, according to Iraqi and U.S. officials cited by the Wall Street Journal.

The Trump administration halted U.S. dollar shipments to Iraq and froze security cooperation programs with its military, pressing Baghdad to dismantle Iran-backed militias, according to Iraqi and U.S. officials cited by the Wall Street Journal.

U.S. Treasury Department officials blocked a cargo plane carrying nearly $500 million in U.S. banknotes derived from Iraqi oil revenues held at the Federal Reserve Bank of New York. It was the second such transfer delayed since late February.

U.S. Treasury Department officials blocked a cargo plane carrying nearly $500 million in U.S. banknotes derived from Iraqi oil revenues held at the Federal Reserve Bank of New York. It was the second such transfer delayed since late February.

Washington also informed Baghdad it is suspending funding for some counter-terrorism and military training programs until militia attacks cease and Iraqi authorities take steps to dismantle armed groups. State Department spokesperson Tommy Pigott said the U.S. "will not tolerate attacks on U.S. interests."

Washington also informed Baghdad it is suspending funding for some counter-terrorism and military training programs until militia attacks cease and Iraqi authorities take steps to dismantle armed groups. State Department spokesperson Tommy Pigott said the U.S. "will not tolerate attacks on U.S. interests."

The U.S. Treasury's Office of Foreign Assets Control placed seven leaders of Iran-aligned Iraqi armed groups on its sanctions list, holding them responsible for planning and carrying out attacks against U.S. personnel, facilities and interests in Iraq.

The U.S. Treasury's Office of Foreign Assets Control placed seven leaders of Iran-aligned Iraqi armed groups on its sanctions list, holding them responsible for planning and carrying out attacks against U.S. personnel, facilities and interests in Iraq.

Oil revenue accounts for more than 90 percent of Iraq's national budget, and since the 2003 invasion, proceeds from Iraqi crude sales have been deposited at the Federal Reserve Bank of New York, giving Washington significant leverage over Baghdad's finances.

Oil revenue accounts for more than 90 percent of Iraq's national budget, and since the 2003 invasion, proceeds from Iraqi crude sales have been deposited at the Federal Reserve Bank of New York, giving Washington significant leverage over Baghdad's finances.

Iraq's Shia Coordination Framework, the largest bloc in parliament, nominated Bassem al-Badri as its prime ministerial candidate after former Prime Minister Nouri al-Maliki's prospects faded following Trump's threat to cut support if al-Maliki returned to the post.

Iraq's Shia Coordination Framework, the largest bloc in parliament, nominated Bassem al-Badri as its prime ministerial candidate after former Prime Minister Nouri al-Maliki's prospects faded following Trump's threat to cut support if al-Maliki returned to the post.

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Trump Freezes Iraq Funds to Curb Iran-Backed Militias

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