Ali al-Zaidi arrives in Washington to meet Trump
Prime Minister Ali al-Zubaidi arrived in Washington, D.C., on Monday (July 13, 2026), accompanied by a high-level delegation, to meet with U.S. President Donald Trump. According to the government spokesman, the visit's discussions will focus on important issues, most notably the development of economic and investment relations.
The so-called “Islamic Resistance in Iraq” announced on Sunday (July 12, 2026) its rejection of Iraqi Prime Minister Ali al-Zaidi’s visit to Washington, considering that it comes at a time that coincides with the continuation of the war in the region. It called on the government to end the American military presence and warned against concluding agreements, memoranda of understanding, or economic contracts that it described as mortgaging the country’s resources or strengthening what it called “American hegemony,” stressing that any treaties or agreements must be presented to the House of Representatives for ratification.
Before heading to Washington, the State Administration Coalition held a meeting yesterday, Sunday (July 12, 2026), to discuss preparations and objectives related to Prime Minister Ali Faleh al-Zaidi’s trip to the United States. The coalition renewed its support for the government and judiciary’s efforts in combating corruption, stressed the importance of proceeding with the state’s monopoly on weapons, and called for prioritizing dialogue and understanding and rejecting wars and escalation, while affirming Iraq’s readiness to play a unifying role that contributes to strengthening the common interests of the countries of the region.
Trump: We will control the Strait of Hormuz and charge money for guarding it.
US President Donald Trump said on Monday that the United States would likely control the Strait of Hormuz and that it should be compensated for the expenses of managing this vital waterway.
He added in an interview with Fox News: "We will control the strait, and maybe we will run it. We will become the guardians of the strait. Maybe we will be called the guardian angel of the strait. And we should get compensation for that."
Control of the Strait of Hormuz, a vital waterway for global oil supplies, has become a major battleground in this conflict. Iran's de facto blockade of the strait has driven up energy prices and fueled fears of global inflation.
Trump said, "We will guard him. And we will be paid to guard him - a lot of money."
He continued, "We will receive compensation, because other countries are very rich. They support us, and we are not expected to do this for free."
After announcing the closure of the strait on Saturday following what it described as "unauthorized crossings," Tehran said on Sunday that the suspension of traffic was still in effect and that permits would be issued once "stability and calm" were restored.
Trump said, "We made a deal. It was a final deal, and then they broke it. They always break it. We made 10 deals with these people, so we're going to hit them very hard."
Iran’s Revolutionary Guard said in a statement on Monday that the only way for navigation to return to normal in the Strait is to end US military interventions in the waterway, and warned that “the continuation of these interventions will exacerbate the crises in the global oil and gas sector.”
US and Iranian forces have exchanged intense missile and drone attacks in recent days, with Tehran saying it targeted US military facilities in Gulf states and announcing the closure of the Strait of Hormuz again, causing oil prices to jump.
Iranian forces say they will not allow the United States to interfere in the management of the Strait of Hormuz and warn Gulf states.
Iran’s armed forces announced on Monday that they will not allow the United States to interfere in the management of the Strait of Hormuz, amid renewed hostilities between Tehran and Washington.
In a video message, the spokesman for the Khatam al-Anbiya headquarters said that Tehran "will not allow under any circumstances" the United States to interfere in the management of this strategic waterway, warning the Gulf states that any cooperation with Washington would be considered "an act of war."
The Central Bank cancels a decision by the Sudanese government regarding the disbursement of dollar deposits from banks
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The Central Bank of Iraq announced on Monday, July 13, 2026, that it had decided to allow banks to disburse their customers’ dollar deposits in cash, according to certain conditions and instructions, canceling a circular issued by the government of Mohammed Al-Sudani in late 2023.
A document issued by the Central Bank stated that "In implementation of monetary policy objectives and to enable banks to meet the legitimate needs of their customers for US dollars, and in line with the directions of the government and the Central Bank of Iraq to enhance confidence in the Iraqi dinar, digital transformation, and reducing cash transactions, the following has been decided:
1- Banks shall continue to open bank accounts for customers in foreign currencies accepted by this bank in return for interest (returns) and according to the bank’s policy, and the customer has the right to withdraw the deposited amounts in cash and the interest in the same currency as the account.
2- Banks are permitted to deliver to their customers the amounts of their remittances received from outside Iraq in cash in US dollars from the bank’s own available sources, according to the agreement between the bank and the customer and for the purposes permitted according to the regulations of this bank, or to deposit the amounts into the customers’ bank cards in the currency of dollars, which allows them to be used inside and outside Iraq.
3- The Central Bank of Iraq shall fulfill the requests of banks for cash withdrawals of remittances received in US dollars, provided that the amounts of those remittances are deposited into one of this bank’s accounts with one of its correspondents abroad, for the two cases described below:
A. Government contracts financed by grants or external loans and agreements signed with the federal government in US dollars that are in force and ongoing or will be concluded in the future, with the approval of the Ministry of Planning, if the financing entity stipulates that they be paid in cash in dollars within Iraq.
B. 40% of remittances received by Iraqi exporters resulting from their exports abroad.
4- Suspending the implementation of our circular No. (8587) on December 31, 2023.
5- The above decision shall be implemented as of July 15, 2026.
the document is below this is the text directly transalted
Subject: Cash Withdrawals in US Dollars
Greetings,
In implementation of monetary policy objectives, to enable banks to meet their customers' legitimate needs for US dollars, and in alignment with the directives of the Government and the Central Bank of Iraq regarding bolstering confidence in the Iraqi Dinar, promoting digital transformation, and reducing cash-based transactions, the following has been decided:
1. Banks shall continue to open foreign currency accounts for customers—in currencies accepted by this Bank—bearing interest (returns) in accordance with the bank's policy; customers retain the right to withdraw deposited funds and accrued interest in cash in the account's currency.
2. Banks are permitted to disburse incoming remittances from abroad to their customers in cash (US dollars)—sourced from the bank's own available liquidity—subject to the agreement between the bank and the customer and for purposes permitted under this Bank's regulations. Alternatively, these funds may be credited to customers' bank cards in US dollars, enabling their use both inside and outside Iraq.
3. The Central Bank of Iraq shall fulfill banks' requests for cash withdrawals regarding incoming remittances in US dollars, provided that the remittance amounts are deposited into one of this Bank's accounts with its foreign correspondent banks, specifically for the two cases outlined below:
a. Government contracts funded by foreign grants or loans, as well as agreements signed with the Federal Government in US dollars—whether currently active, ongoing, or to be concluded in the future—subject to confirmation by the Ministry of Planning in cases where the funding entity stipulates cash payment in US dollars within Iraq.
b. 40% of incoming remittances to Iraqi exporters resulting from their exports abroad. Suspension of our Circular No. 8587, dated December 31, 2023.
The above decision shall take effect as of July 15, 2026.
Regards.
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تقارير اخبارية
أسامة السعيدي يفصل موقف العراق من طرح ملف الدولار والتعويضات خلال زيارة الزيدي إلى واشنطن
Osama Al-Saidi details Iraq's position on the dollar file and compensation during Al-Sudani's visit:
https://www.youtube.com/watch?
of raising, for example, undermining the dollar, the compensations files, the Iraqi assets files, the investment files, all of them with the US Secretary of the Treasury? 0:30
It is possible, meaning, to take advantage of the presence of the Prime Minister and possible direct talk by the Prime Minister. They are always 0:37
looking for trust, they are looking for a partner in a source of trust or a friend in a source of trust. We possibly have an issue, meaning the issue of our account. 0:46
Our issue is that someone claims to demand from Iraq as a result of damage from the occupation of the State of Kuwait by Saddam’s regime. 0:54
We have compensations and we have a lawsuit that is, meaning, unknown. Of course, this requires institutional work from the Ministry 1:03
of Foreign Affairs and from the Ministry of Justice specifically. These two ministries are concerned with the lawsuits that are raised against Iraq or filed against Iraq as a state 1:12
abroad. I assume they have statistics. If these statistics are not available, they should discuss them with the American side, yes, so that we can somewhat find a solution to this issue. I do not 1:22
say we get out of oversight, because now the dollar in the world, not just in Iraq — the movement of the dollar is monitored by the Central Bank, sorry, the US Federal Bank, and therefore 1:30
it is not possible for the Central Bank of Iraq or the Ministry of Finance to deal with the dollar without the American side knowing, and it is already linked between the Central Bank 1:39
and the Federal Bank exactly. And the whole world, not just Iraq — meaning now any country in the world, the movement of the dollar, the Americans know every dollar where it goes, every 1:46
cent, where it goes. Okay.
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