Ariel
@Prolotario1
I guess that strike in Yemen has scared Iraqi officials into speeding up the budget before EID. They realize there’s no more excuses to rely on to further postpone unless they are ironing out all the bureaucratic redtape that comes with resuming the oil exports with Kurdistan.
They are not even connected with Iranian electrical grid anymore. It’s been smooth sailing without any interruption since connecting with Saudi Arabia for their power. Now Iran wants retaliation. But I do not think they know they have already lost.
Donald Trump did not forget what he told Benjamin Netanyahu. And once things get going on that front we should see Iraq make their moves. Tuberville said on Fox News that D. Trump will activate the tariffs around April 1st. A level playing field. But will currencies revalue before then?
BREAKING: 🚨 Houthis in Yemen claim responsibility for attack of USS Harry Truman in the Red Sea.
— E X X ➠A L E R T S (@ExxAlerts) March 16, 2025
How does this help Iraq revaluation?
The Houthis have been hammering shipping in the Red Sea over 80 attacks since late 2023, sinking ships, spiking insurance costs, and forcing reroutes around Africa. Iraq’s oil exports don’t directly rely on the Red Sea (most go through the Persian Gulf), but global trade disruptions jack up oil prices and destabilize markets.
Neutralizing the Houthis could calm these waters, lower shipping costs, and boost confidence in Middle East stability. For Iraq, a steadier oil market means more predictable revenue $90+ billion annually from 4.6 million barrels/day. That cash flow could back a stronger IQD revaluation pitch.
Which is something they definitely need to consider. All of this will help stability in Iraq economy. So you know this will not end well for Yemen. There will be air strikes all night. Because we need them out of the way. Because if they plan on opening the budget before April it would make sense off the heels of this Yemen attack. Especially given what Tommy Tuberville said about those Tariffs this week.
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Source(s):
https://x.com/Prolotario1/status/1901327064927805912
https://x.com/Prolotario1/status/1901343413615620475
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