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Iraq's new Prime Minister Ali al-Zaidi is facing one of the most difficult balancing acts in the Middle East. link to My FX Buddies Blog With the United States and Iran locked in escalating tensions, Iraq finds itself directly in the middle. Al-Zaidi is attempting to navigate relations with Washington while maintaining Iraq's complex relationship with Tehran—and the outcome could have major consequences for Iraq's security, economy, foreign investment, oil industry, and potentially the future direction of the Iraqi dinar. During his recent visit to Washington, Al-Zaidi emphasized a shift from military relationships toward economic engagement, arguing that stronger business and investment ties could create deeper ...Â
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