The Finance Committee in the Iraqi parliament made a statement on 31 January calling for the sale of oil in currencies other than the US dollar
Last May, the Iraqi government announced a ban on the US dollar for both personal and business transactions.
“Imposing sanctions on Iraqi banks undermines and obstructs Central Bank efforts to stabilize the dollar exchange rate and reduce the selling gap between official and parallel rates,”
We believe that it is crucial to move away from the hegemony of the dollar, especially as it has become a tool to impose sanctions on countries. It is time for Iraq to rely on its local currency,” Iraqi MP and member of the Finance Committee, Hussein Mouanes
That's funny. Didn't the US invade them once for doing that very thing?
Indeed
One of the main difference between then and now is that, starting in 2019, Iraq has an agreement with China. It is very unlikely that the Biden's administration will invade, destroy, and allegedly steal Iraq's oil again. Because China has huge investment and growing business in Iraq.
Summary
Source
https://thecradle.co/articles/iraqi-parliament-calling-to-ditch-us-dollar-for-oil-trade
https://www.shafaq.com/ar/%D8%B3%DB%8C%D8%A7%D8%B3%D8%A9/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%8A%D8%AF%D8%B9%D9%88-%D9%84%D9%85%D9%88%D8%A7%D8%AC%D9%87%D8%A9-%D8%A7%D9%84%D8%B9%D9%82%D9%88%D8%A8%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9-%D9%88%D8%A8%D9%8A%D8%B9-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%A8%D8%BA%D9%8A%D8%B1-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%88%D8%AB%D9%8A%D9%82%D8%A9
Attribution to Benjamin for the link
That's funny. Didn't the US invade them once for doing that very thing?
Indeed
One of the main difference between then and now is that, starting in 2019, Iraq has an agreement with China. It is very unlikely that the Biden's administration will invade, destroy, and allegedly steal Iraq's oil again. Because China has huge investment and growing business in Iraq.
Source at https://greatawakening.win/p/17sOsWJAI9/china-poised-to-take-further-con/c/
Yes and a lot of lives lost to save the petro-dollar.