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Iraq has warned that the escalation between the United States of America and Iran has resulted in economic losses estimated at around $60 billion, as well as its negative impact on global energy security, inflation, and regional and international economies. This was stated by Iraqi Foreign Minister Fuad Hussein during his meeting with his Italian counterpart in Rome, where they discussed strengthening bilateral cooperation and recent developments in the region, amid ongoing escalation that threatens economic and security stability in the Middle East.
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