US Blocks $500 Million Cash Shipment to Iraq Amid Tensions

Apr 22, 2026

61 min

Apr 22, 2026 20:31

Report says US blocked $500 million cash shipment to Iraq over pro-Iran attacks

## US Halts Cash Shipment to Iraq

The United States recently stopped a plane carrying nearly $500 million in cash from reaching Iraq, according to reports. This move is seen as an attempt to pressure Baghdad to address attacks by Iran-backed groups on US interests.

## Impact on US-Iraq Relations

The US has also frozen funds for security programs in Iraq, following these attacks. The State Department has expressed dissatisfaction with some Iraqi government elements that allegedly support these militias. The US expects Iraq to dismantle these groups to maintain their bilateral relationship.

## Iraqi Response

Iraqi officials have downplayed the situation, citing logistical issues due to regional conflict and airspace closures. They claim there is no immediate need for additional US dollars, as reserves are sufficient.

## Ongoing Tensions

The US embassy and other American interests in Iraq have been targeted by rockets and drones. The US holds significant influence over Iraq's finances, as much of Iraq's oil revenue is managed by the Federal Reserve Bank in New York.

## Regional Developments

Iranian commander Esmail Qaani recently visited Baghdad to discuss regional tensions. Meanwhile, pro-Iranian groups have temporarily paused their attacks following a ceasefire announcement between the US and Iran.

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