World May 7, 2026 10:52 AM

U.S. Targets Iraqi Deputy Oil Minister and Iran-Aligned Militias with Sanctions

Treasury says oil was diverted to benefit Iranian regime and proxy groups; sanctions freeze U.S. assets and bar American dealings

By Priya Menon

The U.S. Treasury announced sanctions on Iraq's deputy oil minister, Ali Maarij Al-Bahadly, and three senior leaders of Iran-aligned militias, accusing them of facilitating the diversion of Iraqi oil to benefit the Iranian regime and its proxy militias. The measures freeze any U.S. assets of those targeted and generally prohibit Americans from engaging with them. Treasury Secretary Scott Bessent said the action aims to stop the exploitation of Iraqi oil to fund terrorism against the United States and its partners.

U.S. Targets Iraqi Deputy Oil Minister and Iran-Aligned Militias with Sanctions

Key Points

  • The Treasury Department designated Ali Maarij Al-Bahadly, Iraq's deputy oil minister, alleging he facilitated diversion of Iraqi oil to benefit the Iranian regime and proxy militias.
  • Three senior leaders of Kata'ib Sayyid Al-Shuhada and Asa'ib Ahl Al-Haq, militias aligned with Iran, were also sanctioned.
  • Sanctions freeze any assets held in the United States by those targeted and generally prohibit Americans from engaging in transactions with them - affecting the oil sector and entities dealing with sanctioned individuals.

WASHINGTON, May 7 - The U.S. Treasury Department announced on Thursday that it had imposed sanctions on Iraq's deputy oil minister and on senior figures within Iran-aligned militias over their support for Iran, the department said.

The Treasury singled out Ali Maarij Al-Bahadly, identifying him as the deputy oil minister it alleges abused his official position to enable the diversion of Iraqi oil. According to the department, that diverted oil was sold to benefit the Iranian regime and its proxy militias operating inside Iraq.

In addition to Al-Bahadly, the sanctions target three senior leaders from militias aligned with Iran - specifically members of Kata'ib Sayyid Al-Shuhada and Asa'ib Ahl Al-Haq. The Treasury statement did not list individual militia leader names in the summary provided.

"Treasury will not stand idly by as Iran's military exploits Iraqi oil to fund terrorism against the United States and our partners," Treasury Secretary Scott Bessent said in the department's statement.

The measures announced carry the standard restrictions applied in U.S. sanctions cases: they freeze any assets that the named individuals hold within United States jurisdiction and generally prohibit American persons and entities from engaging in transactions with those targeted.

Officials described the designation as a targeted effort focused on individuals accused of facilitating economic support for Iran and Iran-aligned armed groups through the diversion and sale of oil. The Treasury's action ties the alleged diversion directly to financial benefit for the Iranian regime and its proxy militias in Iraq, and frames the step as part of preventing resources from being used to support attacks or terrorist activity directed at the United States and its partners.

The announcement does not detail the mechanisms by which the alleged oil diversion was carried out nor does it name the three militia leaders beyond identifying their organizations. The sanctions' immediate legal effect is to immobilize U.S.-based assets of those designated and to limit the ability of American individuals and firms to lawfully transact with them.

Beyond the direct prohibitions on U.S. contacts and the asset freezes, the Treasury characterization emphasizes a counter-financing rationale - that intervening in the flow of oil proceeds can interrupt funding streams said to support armed groups aligned with Iran.


Key factual elements:

  • The U.S. sanctioned Iraq's deputy oil minister, Ali Maarij Al-Bahadly, for allegedly abusing his position to divert oil for the benefit of the Iranian regime and proxy militias in Iraq.
  • Three senior leaders of Iran-aligned militias Kata'ib Sayyid Al-Shuhada and Asa'ib Ahl Al-Haq were also sanctioned.
  • The sanctions freeze any U.S. assets of those designated and generally bar Americans from dealing with them.

Risks

  • Diversion of oil revenues to benefit the Iranian regime and its proxy militias in Iraq, as alleged by the Treasury - this poses a risk to regional security and undermines legitimate oil revenue channels.
  • Designation and asset freezes that bar Americans from dealing with designated individuals create legal and commercial risks for U.S. firms and financial institutions that may have exposure to the targeted parties or related transactions.
  • The Treasury's characterization of proceeds funding terrorism against the United States and its partners signals continued enforcement actions and potential further restrictions tied to alleged financial support for armed groups.

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