Iraq loses $40 billion in oil revenues since the start of the Middle East war
Iraqi oil exports have dropped by 90% due to the blockade of the Strait of Hormuz.
Published 1j3 sources✓ ConfirmedImportantupdated 11h
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The fact
Baghdad's monthly revenues have fallen from $8 billion to $1.5 billion since February.
The country, 90% dependent on oil, fears an economic crisis with no quick resolution.
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Why it matters
Cette chute brutale des revenus pétroliers menace la stabilité économique de l'Irak, déjà fragilisée par les conflits régionaux, et pourrait aggraver les tensions géopolitiques au Moyen-Orient.