# Iran war squeezes Iraq’s economy as oil revenues fall and prices rise

https://mins.news/en/item/75041

- Al Jazeera, 2026-09-26 08:13 UTC
- Economy
- Original: https://www.aljazeera.com/news/2026/9/26/iran-war-squeezes-iraqs-economy-as-oil-revenues-fall-and-prices-rise?traffic_source=rss

> Disrupted oil exports, costlier imports and a weaker dinar are exposing Iraq’s dependence on oil and foreign goods. Prime Minister Ali al-Zaidi says the war has cost Iraq about $60bn in oil revenue after around 90 percent of exports were temporarily blocked through usual Gulf routes. Shipping disruption has also delayed supplies, raised transport costs and pushed imported-goods prices up by 25 to 30 percent.