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Iraq
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- 1Iraq seeks US exemption from Iranian airline sanctions●Iraq seeks US exemption from Iranian airline sanctions amid travel disruption
Iraq has asked the United States for an exemption from sanctions affecting Iranian airlines, as restrictions have disrupted travel between the two countries. Iraqi officials are seeking relief because many travellers, including religious pilgrims, rely on flights to Iran. The request highlights how US sanctions on Iran are straining Iraq's transport links and complicating its relations with Washington and Tehran.
- 2Iran war squeezes Iraq's economy as oil revenues fall and prices rise●Iran war squeezes Iraq’s economy as oil revenues fall and prices rise
Iraq's economy is coming under pressure as the conflict involving Iran hits the country's finances. Oil revenues, the backbone of Iraq's budget, are falling amid the fighting, while consumer prices are rising inside the country. The squeeze leaves Baghdad facing both shrinking income and higher living costs, deepening economic strain for households dependent on state spending funded largely by crude exports.