Iraq Weekly Security Summary 3rd October 2024
- Grid North Operations
- Oct 3, 2024
- 1 min read
This week’s Iraq Weekly Report from Grid North highlights some of the pressing issues across Iraq and the wider MENA region including Iraq’s diplomatic response to the escalating conflicts in Lebanon and Gaza, where Iraq has committed substantial financial resources to humanitarian aid for those affected, the rising security concerns, particularly with Iranian-backed militias ramping up threats to U.S. installations, escalating the risk for international organisations operating in the country.
We also touch on the economy as Iraq continues to face challenges, with increasing issues around its currency exchange rates and ongoing dependence on oil revenue.
There are also positive developments, such as the government's efforts to boost gas investments, which are expected to reduce the reliance on petroleum imports by 2025.
Grid North is ready to offer expert risk assessments and tailored security advice across the MENA region, helping organisations navigate this environment.
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