Iran and Iraq have reached an agreement resolving financial barriers, enabling Iran to access approximately $11 billion in blocked oil revenue. This deal signifies a major breakthrough in economic cooperation between the two nations. The funds represent earnings from oil exports to Iraq that were previously inaccessible due to banking restrictions. Details regarding the exact mechanism for accessing the funds were not immediately disclosed, but the agreement is expected to facilitate future financial transactions. This move comes as Iran seeks to bolster its economy amidst ongoing international sanctions. Analysts believe the deal will strengthen bilateral trade and economic ties between Baghdad and Tehran, despite regional tensions.