Al Jazeera reports that disrupted trade is reducing Iraq’s oil earnings and raising import costs.
Analysis: If shipments take longer while landed costs rise, import-dependent firms need more cash to sustain the same sales volume: funds remain tied up between ordering and delivery. Firms selling on fixed-price contracts would have less room to recover those additional costs. The exposure depends on each business’s sourcing, payment terms and ability to adjust prices. A local producer could benefit from substitution only if its own imported inputs and distribution costs remain manageable.