US asks Iraq to shut most Iran border crossings, Iraqi foreign minister says
The US Treasury has requested Iraq to close most border crossings with Iran for increased economic pressure. Iraqi Foreign Minister Fuad Hussein mentioned the challenges of implementing these closures due to economic concerns. Currently, Iraq is negotiating with the US regarding the border situation. Recently, Iraq closed the Sheeb border crossing for security and anti-smuggling measures. The…
Iraq has reached understandings with the United States to allow Iraqi oil exports through the Strait of Hormuz using a shipping lane near Oman, according to Foreign Minister Fuad Hussein in an interview with Al Jazeera. Hussein stated that Iraq's losses resulting from the Iran war and disruptions to oil exports have reached $60 billion.
According to Al-Monitor, Iraqi oil exports recovered in October following a sharp decline the previous month, rising to approximately 3.5 million barrels per day from 2.65 million barrels per day in September, based on data from Iraqi energy officials.
Middle East Eye reports that the US Treasury has requested Iraq to close all border crossings with Iran except for two, as part of a US policy to increase economic pressure on Tehran. One of these remaining exceptions is located in the Kurdistan region.
Brief written by urgent.news from Middle East Eye, Al-Monitor — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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