# Iraq economy: Government runs out of money due to US war on Iran

https://mins.news/en/video/18089

- Al Jazeera English, 2026-08-10 12:30 UTC
- Economy
- Original: https://www.youtube.com/watch?v=dqc_aAv6tEM

> Millions of Iraqi state employees and pensioners have gone unpaid this month as the government’s finances come under severe strain. Disruptions in the Strait of Hormuz have halted oil exports, the source of nearly all budget funding. Baghdad has no rapid alternative for replacing that revenue. Al Jazeera correspondent Jack Hewson reports from the Iraqi capital, describing the financial disruption caused by the conflict involving the United States and Iran.

## Stories

- [Iran US War and Gulf Escalation](https://mins.news/en/topic/iran-us-war-and-gulf-escalation) — Markdown: https://mins.news/en/topic/iran-us-war-and-gulf-escalation.md

## Related coverage

- [Due to the Iran war, Iraq is running out of money](https://mins.news/en/item/20448) — DW, 2026-08-12
- [Iraq’s semi-autonomous Kurdish region suffers as US-Iran war drags on](https://mins.news/en/item/18960) — Al Jazeera, 2026-08-11
- [DETAILS: Iran issues stunning demands amid Hormuz showdown](https://mins.news/en/video/18471) — Fox News, 2026-08-10
- [Hormuz shutdown: Can Iran’s economy withstand US naval pressure?](https://mins.news/en/video/18321) — Al Jazeera English, 2026-08-10
