EventClosureHigh severity
Iraq risks 80% oil revenue loss in renewed Hormuz closure
02 NOV 2026 · 1100Z
A renewed closure of the Strait of Hormuz could slash Iraq's oil revenues by up to 80 percent, threatening government salaries, public services and the dinar, development and investment advisor Mohammed Al-Najjar has warned. Al-Najjar said a prolonged conflict involving Iran cou…
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Indexed Nov 2, 11:00 UTC · Hellenic Shipping News →
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