Trump Renews Executive Order 13303, Extending Control Over Iraqi Oil Revenues to Federal Reserve Accounts

According to Press TV, on June 26, President Trump renewed Executive Order 13303, directing all Iraqi oil revenues under U.S. control to be deposited into accounts at the Federal Reserve Bank of New York. Originally signed in 2003 following the U.S. military intervention in Iraq, the order has been renewed annually on national security grounds. Trump formally notified Congress on May 4 that the executive order would remain in effect beyond May 22, 2026, citing ongoing threats to U.S. national security and foreign policy interests related to Iraq's reconstruction and stability.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments