Newshound Guru Clare update (05-08-2026)

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The article: “Economic Fury Targets Iraqi Oil Official, Iran-Backed Terrorist Militias in Iraq” “Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) increased economic pressure on Iran and its proxy militias in Iraq by designating…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 and its proxy militias in Iraq…According to Secretary of the Treasury Scott Bessent, the Iranian dictatorship is stealing resources that belong to the Iraqi people. As Iran’s military uses Iraqi oil to finance terrorism against the US and our allies, Treasury will not watch helplessly.

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