Politics
Iraqi FM puts Iraq's war losses at $60 billion
October 16, 2026 at 10:33 AM · Updated 13h ago
Coverage
3 reports · over 3 hours
AJAl Jazeera Arabic
60 مليار دولار خسائر العراق منذ بداية الحرب الأمريكية على إيران
(opens the publisher’s site)
MAMasrawy
وزير الخارجية العراقي: 60 مليار دولار خسائرنا من الحرب بين أمريكا وإيران
(opens the publisher’s site)
يواليوم السابع
العراق: الحرب الأمريكية الإيرانية كبدتنا 60 مليار دولار خسائر
(opens the publisher’s site)Iraqi Foreign Minister Fuad Hussein said the US–Iran war cost Iraq $60 billion during a Rome meeting with his Italian counterpart.
- Hussein said Iraq suffered losses estimated at $60 billion from the recent war between the US and Iran.
- He met Italian Deputy Prime Minister and Foreign Minister Antonio Tajani in Rome on Thursday to discuss bilateral ties and regional developments.
- Hussein warned that continued conflict has aggravated the global energy crisis and raised inflation concerns.
- He urged the EU and European states to support peaceful initiatives and push the parties back to negotiations.
- Hussein tied the losses to declining oil export revenues caused by disrupted navigation through the Strait of Hormuz.
- The war, which began in February, forced Iraq to halt production in most fields and rely on limited exports via Syria and Turkey.
- Iraq's central bank devalued the dinar against the dollar for the first time in more than three years.