Iraq says Iran war cost it $60bn; reports understandings with US on Hormuz oil route

Iraq says it has lost about $60 billion because of the Iran war and has reached understandings with the United States on a Hormuz oil export route. Details of the arrangement are not available in the triage summary and come from a single aggregated headline, so terms and implementation are unverified. Iraqi export disruption bears on Gulf revenues, shipping through Hormuz and food-import financing.