The closure of the Strait of Hormuz by Iran’s Khatam al-Anbiya Corps, following the collapse of the US-Iran Geneva memorandum, is creating a precarious situation for Iraq. This action immediately impacts Iraq, though the extent is currently unspecified. The disruption threatens regional stability and poses significant economic risks for Iraq, potentially “suffocating” the nation. The breakdown of the US-Iran agreement appears to be the direct catalyst for the closure. Further details regarding the impact on Iraq are expected as the situation develops. The incident highlights Iraq’s vulnerability as a key transit route and its susceptibility to escalating tensions between the two regional powers.
