Today Treasury did something it has never done before. Washington put a sitting Iraqi cabinet member on the sanctions list…Iraq’s deputy minister of oil, designated under operation economic fury, alongside three senior leaders of Iran aligned militias…No US administration has ever personally sanctioned a serving Iraqi cabinet member until now. Treasury picked…two days before the floor vote on Al-Zaidi’s opening slate of 14 ministers. The timing was the message…Here’s what this means for you if you hold IQD. 1310 isn’t moving off its peg…while Iran aligned assets sit inside Iraq’s institutions. Treasury just pulled one out. Each name cleared takes Iraq one step closer to a rate that finally moves. Reset Intelligence
