US President Donald Trump has renewed Executive Order 13303, which places all of Baghdad’s oil revenues under his control in a New York Federal Reserve Bank account. The executive order was initially signed following Washington’s illegal invasion of Iraq in 2003 and has been renewed annually since, citing ‘national security’ as the reason. There was no White House…

  • EntheoNaut@lemmy.ml
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    11 hours ago

    The spoils of war and sole reason for the invasion of Iraq.

    Of fuxking course Trump re-upped it.

    • CapuccinoCoretto@lemmy.world
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      10 hours ago

      The oil paid for it, but I suspect the reason was Turkey daming the Tigris and Euphrates for water, ag and power. Iraq would have gone to war over that so the US put that turtle on its back before it could do anything.

      • Maeve@kbin.earthOP
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        10 hours ago

        In addition to Hussein wanting to convert Iraq UN Food-for-Oil account from petrodallars to petroeuros. To be blunt, I expect USA wouldn’t have gotten involved had it not been for that.