Billions of oil dollars and access to Iranian power and gas are at risk if Trump rejects a sanctions waiver renewal next month – or worse, if Iraq is sanctioned itself, as he has threatened. U.S. President Donald Trump delivers a statement about Iran flanked by U.S. Secretary of Defense Mark Esper, Vice President Mike Pence and military leaders at the White House in Washington, U.S., January 8, 2020. (KEVIN LAMARQUE/Reuters) Conflict between the U.S. and Iran is raising new fears over the extent to which Iraq could be affected by American sanctions, which have the potential to devastate the country’s economy. U.S. President Donald Trump said Wednesday he would “immediately impose additional, punishing economic sanctions on the Iranian regime,” after Iranian surface-to-surface missiles hit two Iraqi military bases housing American troops late Tuesday night; and on Sunday, Trump said he would impose sanctions directly on Iraq if the […]