Standard & Poor's (S&P) has placed Iraq's sovereign credit rating on "Negative Watch", influenced by the economic consequences of ongoing regional conflicts. This action, published by Dijla Point News, warns of a potential downgrade in the country's credit score.

This rating translates the agency's anxiety regarding the repercussions of halted oil exports on Iraq's financial obligations and securing import requirements, in addition to its potential impact on the Central Bank's foreign reserves.

On the other hand, Fitch Ratings maintained its credit rating for Iraq at the (B-) level with a stable outlook, based on the financial surplus the country achieved during the past oil price boom.