President Trump: Extend Executive Order to Continue Controlling Iraqi Oil Revenue Deposited into New York Fed Account
According to Iran's Press TV, US President Trump has once again ordered that all oil revenues controlled by Iraq be deposited into the account of the New York Federal Reserve. Executive Order 13303 was signed after the US military operation in Iraq in 2003. On May 4th, Trump issued a formal notice to Congress regarding the extension of the order, stating that it must remain in effect after May 22nd, 2026.