WorldDue to the Iran war, Iraq is running out of money

The blockage of the Strait of Hormuz is preventing Iraq from exporting enough oil to finance its huge public sector. Protests have already begun as the country faces growing financial pressure. The situation raises the question of whether the Iran war could destabilize Iraq once again. Iraq’s ability to fund the public sector is closely tied to oil exports, making the disruption especially consequential.

IraqIran warStrait of Hormuzoil exports

DDW★★★★☆2026-08-12 17:00Original