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Podcast: My FX Buddies
Episode: Dinar Weakens If Hormuz Closes? Iraq Faces Severe Oil & Revenue Shock
Description: Iraq’s economy depends almost entirely on oil exports link to My FX Buddies Blogpassing through the Strait of Hormuz.If the strait were to close, economist Nabil Al-Marsoumi warns that Iraq could see oil revenues fall from nearly $7 billion per month to under $1 billion.If you'd like to Support the channel: https://cash.app/$tishwash.... https://paypal.me/tishwash.... a FREE transcript at: https://rss.com/podcasts/myfxbuddies...In this video we break down:• 94% of Iraq’s oil export exposure• Limited alternatives via Turkey and Jordan• Impact on dinar stability• Risks to public sector salaries• Electricity shortages from reduced gas production• Long-term production damage to oil wells• What this means for Iraq’s financial futureThis is not speculation — this is structural economic risk analysis.Thanks for Watching!Fo