Iran War Leaves Iraq Running Out of Money, Sparking Protests

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economics

13 August 2026 at 8:09 pm

Iran War Leaves Iraq Running Out of Money, Sparking Protests

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Summary

The ongoing Iran war is causing Iraq to run out of money due to the blockage of the Strait of Hormuz, preventing sufficient oil exports to fund its public sector, leading to protests and potential destabilization.

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