A smuggling network in Iraq is reportedly generating at least $1 billion annually for Iran and its proxies. This operation has gained momentum since the appointment of Prime Minister Mohammed Shia al-Sudani in 2022, raising concerns among international observers and financial analysts.
The network's growth is linked to the political landscape in Iraq, which has allowed such activities to flourish. The implications of this smuggling operation extend beyond regional stability, potentially impacting global markets and trade dynamics as Iran continues to navigate sanctions and economic pressures.