Iraq depends heavily on oil export, up to 95% of its economy. Thus the oil price plunge due to Saudi Arabia and Russia oil war bumped Iraq’s economy severely.
ISWNews Analysis Group: Kata’ib Hezbollah stated the election of Mustafa al-Kadhimi as Iraq’s prime minister is a declaration of war on the Iraqi people.
ISWNews Analysis Group: Adnan al-Zurufi, who was assigned by president Barham Salih to form the government as PM, declined.
The region situation becoming more complex, the importance of Iraq in the issues and crisis of the region is still the first place. Iraq became the competition field between US. and Islamic resistance, and political movements have to choose one side. In this sense, American and Iranian officials paid visit to Iraq and met groups which we will cover here.
ISWNews Analysis Group: Following whistleblowing by Kata’ib Hezbollah officials against Iraq’s intelligence, a suspicious media wave has arisen against Kata’ib Hezbollah’s official detention.