Iraq says US Treasury demands closure of most Iran border crossings

The significance here is less about the crossings themselves than about the channel of pressure: a Treasury request, not a diplomatic one, signals that Washington is treating Iraq's Iran trade as a financial-compliance matter rather than a security conversation. That framing puts Iraq's banking system and border trade economy squarely in scope, and it raises the stakes for Baghdad's balancing act between a US Treasury relationship it depends on and a neighbor it cannot easily wall off. The open question is whether this stays a request or becomes a condition tied to dollar access and correspondent banking — and whether Iraq discloses which two crossings it would keep open.