Saturday 17 October 2026
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Energy

Iraq estimates $60b losses from Middle East war

Iraq has suffered an estimated $60 billion in losses from the Middle East war, Foreign Minister Fuad Hussein said on Thursday, as Iran’s blockade of the Strait of Hormuz disrupted the country’s oil exports. Before the conflict, Iraq, an OPEC member, produced about four million barrels of oil per day and exported around 3.5 million […]

16 October 2026 18:01

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