OIL SHOCK 💥 Is This Why the Iraqi dinar Keeps Dropping?

My FX Buddies · Apr 14, 2026 · 35m

Rising geopolitical tensions are now directly impacting Iraq’s

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economy — and the effects are being felt through oil, the dollar, and the Iraqi dinar.

With disruptions in the Strait of Hormuz affecting global oil flows, Iraq has been forced to find alternative export routes, including through Turkey’s Ceyhan pipeline.

But that’s only part of the story.

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