Sourced fact
The News
According to Al Jazeera, Iraq's economy is under pressure due to a decline in oil revenue and an increase in the cost of imports.
Analysis & context
Analysis & Context
Analytically, Iraq is suffering from its heavy reliance on oil as a primary source of income, making it vulnerable to fluctuations in global oil markets. In a broader context, Iraq faces additional challenges due to the trade war and political tensions with Iran, negatively impacting its oil sector and the supply of essential goods.
