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US threatens to starve Iraq of its oil dollars over Iranian influence, sources say

WASHINGTON: The US has threatened senior Iraqi politicians with sanctions targeting the Iraqi state, including potentially its critical oil revenues, should armed groups backed by Iran be included in the next government, four sources told Reuters. The warning is the starkest example yet of US President Donald Trump’s campaign to curb Iran-linked groups’ influence in…

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Silver hits record high

Silver prices rose above $100 an ounce ​for the first time ever on Friday, while gold hit another record en route ‌to $5,000/oz as investors pile into safe-haven assets amid geopolitical turmoil and on expectations for U.S. interest rate cuts. Spot silver jumped 4.5% to $100.49 an ounce by 1649 GMT. “Silver should continue to…

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