Militia Man

  If they change the value of their currency they’re going to have more surpluses…The oil price is about $70 in the 2023 budget.  That hasn’t changed for ’24 or ’25 because that’s a tripartite budget.  They got a surplus.  Oil is somewhere around $80.  It’s been as high as $91ish.  The expectations of oil is to be somewhere in the neighborhood of $80/$90 and they even talk about $100/barrel…Iraq is going to be sitting pretty good…They have phosphates…sulfur…natural gas…Those non-oil revenue streams…taxes and tariffs are going to come online…Iraq has a good foundation for Alaq to do what he’s supposed to do.