US slaps sanctions on Iran-linked oil smugglers funding Iraq attacks
🔴 Tension RisingGulf News2026-05-08
The US has imposed sanctions on Iran-linked oil smugglers operating in Iraq. Iraqi Deputy Oil Minister Ali Maarij Al-Bahadly is accused of facilitating oil diversions and funding Iran. This action aims to disrupt Iran’s military use of Iraqi oil revenues to finance regional militant activities.