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The Truth Behind Iraq’s Oil Rebound And The Secret Red Sea Plan

No country aside from Iran itself has felt the economic consequences of the U.S./Israel-Iran war more than Iraq. Over 90 percent of its annual budget historically comes from oil and around 95 percent…

  • Iraq lost vital oil transit route after Iran closed Strait of Hormuz.
  • Oil production and exports plummeted, 80 percent drop recorded.
  • Secret Red Sea plan aims to bypass Hormuz blockade.

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