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Iraq , Thursday 16 April 2026

Iran Chokes Iraq’s Budget

Published on: Monday 16 March 2026

Iran Chokes Iraq’s Budget On March 12, Iran targeted two ships carrying Iraqi oil in the port of Al-Faw in Basra province, in the far south of the country. This was not the only attack on Iraq’s oil sector. Since Iran closed the Strait of Hormuz on March 2, concerns have been rising in Baghdad, as the waterway is…



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