Treasury Secretary Scott Bessent(@SecScottBessent):Like a rogue gang, the Iranian regime is pillaging resources that rightfully belong to the Iraqi people. Treasury will not stand idly by as Iran's military exploits Iraqi oil to fund terrorism against the United States and our partners.

Treasury Secretary Scott Bessent@SecScottBessent

2026.05.07 17:56

Like a rogue gang, the Iranian regime is pillaging resources that rightfully belong to the Iraqi people. Treasury will not stand idly by as Iran's military exploits Iraqi oil to fund terrorism against the United States and our partners.

Treasury Department@USTreasury

2026.05.07 17:55

Today, as part of Economic Fury, Treasury’s Office of Foreign Assets Control increased pressure on Iran and its proxy militias in Iraq by designating individuals and businesses exploiting Iraq’s oil sector and undermining the country’s security. Today’s action includes Ali Maarij Al-Bahadly—Iraq’s Deputy Minister of Oil, who abuses his position to facilitate the diversion of oil to be sold for the benefit of the Iranian regime—along with three senior leaders of Iran-aligned terrorist militias.