Iraq says the Middle East war has cost the country about $60 billion
Question
Iraq says the Middle East war has cost the country about $60 billion
Direct answer
The estimate highlights fiscal and external-balance stress for Iraq and reinforces the sensitivity of its export revenues to Hormuz access.
- Original publisher
- Market Ontology
- Evidence through
- 2026-10-16
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Iraq says the Middle East war has cost the country about $60 billion”, revision 1, evidence through 2026-10-16. https://marketontology.com/market-events/2026-10-16/iraq-says-the-middle-east-war-has-cost-the-country-about-60-billion-99eb49
How this development reaches the affected companies
| Asset | Exposure and channel | Direction | Evidence |
|---|---|---|---|
| IQD | Large reported wartime losses and impaired oil exports increase pressure on Iraq's fiscal and external accounts | Down1-4w | The foreign minister estimated losses of about $60 billion and cited disrupted oil exports |
| BZ=F | Reduced availability of Iraqi exports through Hormuz supports the regional crude disruption premium | Up1-5d | Iraq exported about 3.5 million barrels per day before the conflict, mostly via Hormuz |
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Sources
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