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Iraq , Thursday 16 April 2026

News Iraq » Saladin » Economy: Iraq's Economy Reels as Hormuz Blockade Chokes Oil Revenues

News channel or source: https://oilprice.com/Latest-Energy-News/World-News/Iraqs-Economy-Reels-as-Hormuz-Blockade-Chokes-Oil-Revenues.html
Published on: Wednesday 25 March 2026

Iraq is seeing the worst of the Middle East crisis as its heavily oil-dependent economy is now collapsing with the trickling oil revenues amid the blockage of the Strait of Hormuz. Iraq, OPEC’s second ...