Article: “Tump may ‘destroy’ the Iraqi budget by seeking to ‘crash’ oil prices” Quote: “US President Donald Trump is seeking to lower oil prices to the lowest possible level in order to support his country’s industrial establishment. He is doing so by imposing tariffs on oil-producing countries and then having them negotiate with him to rebalance the trade balance in his country’s favor…Iraq’s budget relies on oil for approximately 90% of its revenue. If oil prices decline, the Iraqi government will be in a difficult position...”
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