From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
Deep Dive: Mounting regional confrontation chokes Iraq's energy lifelines
Iraq is in crisis as a nationwide oil and gas production shutdown has put the future of the country's economy in flux.
This comes after the outbreak of war between Iran, Israel and the US on Feb. 28 effectively closed the Strait of Hormuz, Iraq's principal seaborne import and export route.
While Baghdad's oil-dependent finances tremble, the ruling Shiite Coordination Framework remains deeply divided over the potential withdrawal of its premiership nominee.
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