A new report from the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani, warns of potential disruptions to Iraq’s trade with Gulf nations. The report highlights the increasing strain on trade routes due to ongoing tensions in the Strait of Hormuz, a critical waterway for global oil transport and regional commerce. Iraq is potentially at risk of losing trade volume as a result of these heightened geopolitical issues. The IRIS study suggests that increased instability in the region could significantly impact Iraq’s economic ties with its neighbors. The report does not specify the extent of potential losses, but emphasizes the vulnerability of Iraq’s trade flows. Further analysis from IRIS is expected to elaborate on mitigation strategies and potential impacts on the Iraqi economy.