Iraq Lost over $40B in Revenue During Mideast War: Official
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Iraq lost over $40 bn in revenue during war: govt official
Iraq lost over $40 bn in revenue during war: govt official BAGHDAD(RAHNUMA): A government official said on Wednesday that Iraq had lost more than $40 billion in revenue since the start of the Middle East war, mostly due to a sharp decline in its oil exports. The conflict and Iran’s blockade of the Strait of Hormuz choked off shipments and prompted production cuts in key oil-producing countries including Iraq, shaking world energy markets. Before…
22 Julius, 2026 Baghdad/Basket: Iraq lost more than $40 billion since the outbreak of the war in...
More than 10 days have passed since the US resumed bombing of Iran, and the international community, Gulf states, oil prices, and stock markets have reacted relatively calmly. The Trump administration has gradually smoothed relations with NATO, Gulf states, and Israel, and is adjusting its Middle East strategy, moving the war against Iran towards a protracted conflict. The whereabouts of Iran's Supreme Leader Mojtaba have recently become a hot t…
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