WASHINGTON — When President Obama announced last month that he was barring a Baghdad bank from any dealings with the American banking system, it was a rare acknowledgment of a delicate problem facing the administration in a country that American troops just left: for months, Iraq [1] has been helping Iran [2] skirt economic sanctions imposed on Tehran because of its nuclear program [3]. The little-known bank singled out by the United States, the Elaf Islamic Bank, is only part of a network of financial institutions and oil-smuggling operations that, according to current and former American and Iraqi government officials and experts on the Iraqi banking sector, has provided Iran with a crucial flow of d... >>>
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[1] //topics.nytimes.com/top/news/international/countriesandterritories/iraq/index.html?inline=nyt-geo
[2] //topics.nytimes.com/top/news/international/countriesandterritories/iran/index.html?inline=nyt-geo
[3] //topics.nytimes.com/top/news/international/countriesandterritories/iran/nuclear_program/index.html?inline=nyt-classifier