Fitch: Affirms Iraq's rating at 'B-' with a stable outlook. Our baseline scenario assumes that the two sides will reach some form of lasting agreement and reopen the Strait of Hormuz around the first quarter of 2027.

2026-11-09

Fitch: Affirms Iraq's rating at 'B-' with a stable outlook. Our baseline scenario assumes that the two sides will reach some form of lasting agreement and reopen the Strait of Hormuz around the first quarter of 2027.