[Response to Guru Mnt Goat 9-2-2025 post below] I hear this a lot. Problem is; Iraq belongs to OPEC. The very reason OPEC exists is to reinforce the policy of buying and selling oil in USD, which, is the “WORLD RESERVE CURRENCY”…One cannot sell oil without using USD, or the country goes rogue and starts using a crypto currency…There would be sanctions for pulling out of OPEC. Sanctions for de-pegging and using a nation neutral currency, and sanctions if they join the BRICS+…Iraq has agreed to remain in OPEC, FACT!…Iraq…will do as the USA demands…There will not be a float…I agree it is a conundrum and this is also the reason the IQD will not revalue for another year to eighteen months.
