Thread by @HusseinAskary

Went unnoticed: U.S. President continues to control all Iraqi oil revenues, decision going back to 2003.
This is how the U.S. controls Iraqi governments and policy making!
See background in the thread:

Background
Since 2003, the U.S. colonial governor Paul Bremer decided that all Iraqi oil revenues (that were put under the Development Fund for Iraq (DFI) in UNSC Resolution 1483) will be transferred to an account in the U.S. Federal Reserve in New York in US$.

and not to the Iraqi Central Bank. The UNSC Resolution did not specify where the money should be deposited or DFI be located but made it clear that the account will be held by the Iraqi Central Bank (unscr.com/en/resolutions… ) .

Later that year, President Georg W. Bush issued Executive Order 13303 titled "Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest" , which meant that the U.S. President is now the owner of the Iraqi money.

Every president of the U.S. continued this practice including in May this year by President Biden (whitehouse.gov/briefing-room/…(50%20U.S.C. )

Since then, Iraqi governments are forced to ask politely the U.S. to release some of the money every month so the Iraqis can buy food and other things they need. Like you get the money from your parents. President Trump once threatened to confiscate all the money.

In December 2010, the UNSC terminated the Resolution 1483 and the DFI with Resolution 1956 upon the request of the Iraqi Prime Minister. But that was too late, because the U.S. kept its illegal grip over Iraqi revenues. No Iraqi government tried to challenge this U.S. control.

In late 2022, the Federal Reserve upon instructions from the Biden Administration restricted Iraq's access to its own money in the Reserve, demanding that Iraq takes specific measures allegedly against money laundering and dollar smuggling to Iran.

This triggered a massive increase in the value of the $ against Iraqi Dinar and subsequently a rise in the prices of everything, because since the Anglo-American invasion of Iraq and destruction of its infrastructure, industry and agriculture,

Iraq has been importing everything from shoelaces, food, medicines, to cars, etc from outside, using the $ from exporting oil.
This is how tight U.S. control is of Iraqi politics and decision making.