{"id":21050,"date":"2026-09-03T15:32:15","date_gmt":"2026-09-03T15:32:15","guid":{"rendered":"https:\/\/atlaspress.news\/en\/2026\/09\/03\/iraq-warns-war-sanctions-iran-strait-of-hormuz-economy\/"},"modified":"2026-09-03T15:32:15","modified_gmt":"2026-09-03T15:32:15","slug":"iraq-warns-war-sanctions-iran-strait-of-hormuz-economy","status":"publish","type":"post","link":"https:\/\/atlaspress.news\/en\/2026\/09\/03\/iraq-warns-war-sanctions-iran-strait-of-hormuz-economy\/","title":{"rendered":"Iraq Warns of Global Economic Fallout from War and Sanctions on Iran"},"content":{"rendered":"<p>Iraq&#8217;s Foreign Minister Fuad Hussein said he discussed with Steve Fagin, the acting head of the U.S. Embassy in Baghdad, the consequences of war and Washington&#8217;s unilateral sanctions on Tehran, as well as their impact on Iraq.<\/p>\n<p>He said any escalation in the region, especially if the Strait of Hormuz were to be closed, could make Iraq&#8217;s economy more vulnerable. The economy is fundamentally dependent on oil exports and the revenues they generate.<\/p>\n<p>According to the Iraqi foreign minister, part of the talks also focused on regional developments, and the two sides exchanged views on the impact of these events on Iraq&#8217;s situation.<\/p>\n<p>Fuad Hussein also said that the meeting addressed the Iraqi government&#8217;s approach to organizing weapons and restricting them to state control.<\/p>\n<p>The Strait of Hormuz is one of the region&#8217;s key oil transit routes, and any disruption there typically has a direct effect on energy markets and countries reliant on oil exports, including Iraq.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iraq warns that war, sanctions on Iran and any closure of the Strait of Hormuz could hurt its oil-dependent economy.<\/p>\n","protected":false},"author":2,"featured_media":21049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-21050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international"],"_links":{"self":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/21050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/comments?post=21050"}],"version-history":[{"count":0,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/21050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media\/21049"}],"wp:attachment":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media?parent=21050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/categories?post=21050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/tags?post=21050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}