Iraqi parliamentary circles have warned of severe financial repercussions facing the country due to regional tensions and their impact on oil exports, indicating the possibility of entering a suffocating financial crisis given the near-total reliance on oil revenues. Specialized committees are moving to submit a formal request to government and financial authorities to clarify the financial situation and the extent of the impacts resulting from the closure of the Strait of Hormuz, especially as crude oil export capacity has dropped by up to 95% compared to pre-crisis levels. Despite assurances that employee salaries are secured for the current period, economic reports place Iraq at the forefront of countries affected by maritime navigation disruptions in global energy corridors.