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Iraq's falling oil revenues may lead to Gulf borrowing

Iraq's falling oil revenues may lead to Gulf borrowing

The Iraqi government intends to borrow from Gulf countries in order to cover the financial deficit resulting from a decline in oil exports, especially after supply disruptions caused by the crisis between the United States and Iran and the closure of the Strait of Hormuz. Economists are concerned about the repercussions of this borrowing and its potential future impact on the country's economy.

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