The Trump administration has blocked a shipment of nearly $500 million in cash intended for Iraq. This move is reportedly aimed at pressuring Baghdad to dismantle powerful armed groups backed by Iran, which analysts warn risks further destabilizing the fragile Iraqi economy.

The Trump administration has blocked a shipment of nearly $500 million in cash to Iraq, pressing Baghdad to dismantle powerful Iranian-backed armed groups. Analysts say the blockage risks destabilising an already fragile economy.