Iraq Forms New Government led by a billionaire outsider with no experience, facing security crises, fiscal collapse, and intense U.S.-Iran pressure.
Friday, July 10, 2026
Iraq Forms New Government led by a billionaire outsider with no experience, facing security crises, fiscal collapse, and intense U.S.-Iran pressure.
Iraq’s balancing act fails. Iran-linked militias launch 750 strikes. Oil exports halt. Gas imports cut. Fiscal collapse looms.
Multi-front war explodes: Khamenei killed, Iran hits Gulf, Hezbollah joins, Israel invades Lebanon. Protracted showdown looms.