Iraq loses $60bn as Mideast war hits oil exports

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Iraq loses $60bn as Mideast war hits oil exports

AI Summary

Iraq's foreign minister says the country has lost about $60 billion during the Middle East war as Iranian blockade measures disrupted oil exports through a key waterway. The export losses link the regional conflict to Iraq's energy revenue and maritime trade.

Iraq has lost around $60 billion during the Middle East war after Iran blockaded a key waterway, hitting oil exports, its foreign minister has said. Read More: https://punchng.com/iraq-loses-60bn-as-mideast-war-hits-oil-exports/

World Conflict Politics Markets Commodities Energy Shipping Iraq Iran oil exports blockade Middle East war economic losses waterway

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