US resumes transfer of American currency to Iraq after Iran-related suspension - report
The report cited an Iraqi Kurdish official who attributed the measures as a response to the smuggling of US dollars by Iran-backed Iraqi militias
Assessment
The resumption of US currency transfers to Iraq signals a recalibration of financial leverage tied to Iranian influence. The initial suspension targeted dollar smuggling by Iran-linked militias, a pressure point Washington has used to curb Tehran's economic foothold in Baghdad. The next question is whether Iraq's government can demonstrate effective oversight to prevent the same channels from reopening.