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[Home](https://karamshaar.com) » [Our Work](https://karamshaar.com/our-work) » [Blog](https://karamshaar.com/our-work/blog) » Syria Reopens Us Federal Account - March 5, 2026 # Syria Reopens US Federal Account Syria reopens its sovereign state account at the US Federal Reserve in New York This is important! The account can be used to hold USD reserves, settle transactions with international institutions, and, most importantly in the Syrian case, serve as a conduit to private banks to facilitate the purchase of goods and services. Syria has been struggling to find oil suppliers othe…