The escalating conflict between Iran and the U.S. has pushed Iraq’s oil-dependent economy toward a structural collapse. As the Strait of Hormuz remains effectively shuttered, Baghdad’s inability to export crude is sending shockwaves across the border to Turkey, its primary supplier of consumer goods and construction materials. According to recent data and field reports, Iraq … Continue reading Iraq’s Economy on the Brink: Oil Collapse Threatens $20B Trade Corridor with Turkey