Iran-Backed Militias Turn to Visa and Mastercard

Iraq was a minor market for Visa and Mastercard a couple of years ago, generating just $50 million a month or less in cross-border transactions at the start of 2023. Then it exploded to around $1.5 billion ...

Could Kurdish gas deals with US spell trouble for Iran?

Two major energy agreements signed between US companies and the Kurdistan Regional Government (KRG) have sparked swift backlash from Baghdad and could undercut Iran’s long-standing economic and political grip on Iraq.