Could Iraq's economy become collateral damage in Washington's escalating pressure on Tehran? https://www.myfxbuddies.com/2026/08/iraq-caught-in-middle-us-sanctions.html A new warning surrounding US sanctions against Iran is raising concerns in Baghdad, where Iraq maintains deep commercial, financial and energy ties with its neighbor. The situation could put Iraq in a difficult position. The Central Bank of Iraq faces the challenge of protecting the domestic exchange market while also controlling hard-currency transfers and ensuring that financial channels remain compliant with international requirements. At the same time, Iraq depends heavily on Iranian gas and electricity supplies to help keep its national power sy ...