War & Conflict
Iran war squeezes Iraq’s economy as oil revenues fall and prices rise
Disrupted oil exports, costlier imports, and a weaker dinar expose Iraq's economic dependence on oil, foreign goods.

Iraq is a state heavily dependent on imports, from food and medicines to appliances, as well as raw materials for its industries. Its one big export is oil, but it sits on such a huge supply of the n… [+6318 chars]
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