Iraq Weekly Report – 7 May 2025

Geopolitical Briefing: Iraq
3 May 2025

  • Iraq’s Foreign Ministry condemned Israel’s airstrike near Syria’s Presidential Palace, reinforcing its stance against Israeli aggression. (Ministry of Foreign Affairs of Iraq)
  • The Iraqi government is considering canceling the 2025 federal budget due to plunging oil prices, deepening the country’s fiscal deficit. (شفق نيوز)
  • Iraq faces a severe summer power crisis after U.S. sanctions halted Iranian gas imports, slashing the electricity supply by 40%. (The Media Line)
  • Iraqi authorities detained a suspected Islamic State member believed to have incited a deadly truck-ramming attack in New Orleans on New Year’s Day 2025. (AP News)
  • The Kurdistan Workers’ Party (PKK) claimed two attacks in northern Iraq that wounded five Kurdish security personnel earlier this week. (Arab News)

Iraq’s Foreign Ministry issued a strong condemnation of Israel’s recent airstrike near Syria’s Presidential Palace in Damascus, labeling it a violation of Syrian sovereignty and a threat to regional stability. This denunciation aligns with Iraq’s broader strategy to oppose Israeli military actions in neighboring countries, reinforcing its commitment to regional solidarity and resistance against external aggression.(Ministry of Foreign Affairs of Iraq)
The Iraqi government is contemplating the cancellation of the 2025 federal budget in response to a significant fiscal deficit exacerbated by plummeting oil prices. This financial strain underscores the country’s vulnerability to global oil market fluctuations and highlights the urgent need for economic diversification and fiscal reform to ensure long-term stability and autonomy.(شفق نيوز)
Iraq is bracing for a severe summer power crisis after U.S. sanctions halted Iranian gas imports, leading to a 40% reduction in electricity supply. This development exposes the country’s heavy reliance on external energy sources and the geopolitical risks associated with such dependencies, emphasizing the necessity for Iraq to pursue energy self-sufficiency and infrastructure development.(The Media Line)
Iraqi authorities have detained a suspected Islamic State member believed to have incited a deadly truck-ramming attack in New Orleans on New Year’s Day 2025. This arrest demonstrates Iraq’s active role in combating international terrorism and its cooperation with global partners to address security threats, thereby enhancing its position in international counterterrorism efforts.
The Kurdistan Workers’ Party (PKK) claimed responsibility for two attacks in northern Iraq that wounded five Kurdish security personnel earlier this week. These incidents highlight ongoing security challenges within the country

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