Mario Nawfal(@MarioNawfal ):🇮🇶 Iraqi officials are in talks with the IMF and World Bank for emergency financial help after the Iran war and the shutdown of the Strait of Hormuz completely halted their oil exports. Oil is basically the entire government budget there. Now... that lifeline is gone, triggering a massive revenue collapse. Source: Reuters

2026.05.14 16:56

🇮🇶 Iraqi officials are in talks with the IMF and World Bank for emergency financial help after the Iran war and the shutdown of the Strait of Hormuz completely halted their oil exports. Oil is basically the entire government budget there. Now... that lifeline is gone, triggering a massive revenue collapse. Source: Reuters

Mario Nawfal@MarioNawfal

2026.05.14 15:32

🇺🇸🇮🇷 Iran's oil is going nowhere, and the storage is full. U.S. Treasury Secretary Scott Bessent says Kharg Island, Iran's main oil loading facility, has seen zero loading activity for three days. No ships in, no ships out, and satellite imagery is showing production starting to shut down. "They're gonna start shutting down their production, we can see that that's happening from satellite." The economic pressure is now as visible as the military one. Source: Scott Bessent, U.S. Treasury Secretary