ABOUT THE NEWSLETTER:

June 19, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today again.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below.

Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to spend my time doing all this. My time is hard to find, as I have to hold down two formal jobs already due to COVID just to keep the business going. So, I do it out of charity and love for YOU with the understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. I am saying this takes time and is like a third job.

I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you.

 Let’s all try to chip in!

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Hebrews 13:16

“And do not forget to do good and to share with others, for with such sacrifices God is pleased..”

STATUS OF THE RV

There is not a lot to tell today. We all should know by now about the Israel / Iranian conflict going on, or should I say WAR? Either way you look at this war the questions that arise for all have us investors in the Iraqi dinar are – How long is this going to take and will the U.S. get involved?

As far as the U.S. getting involved, I fully believe that there is an opportunity to end this global terrorism that should not get away at this point in time. We all want peace, but we also know Iran is stalling for time. Why? They want to mount a nuclear warhead on one of their ballistic missiles and destroy half of Israel in one blow. This is the means of delivery and without it, Iran cannot launch their nuclear attack. Israel is striking hard on these missile sites. Go figure why? I can say the next phase of the operation will be to at least attempt to use bunker -buster bombs on the many uranium enrichment sites to destroy them. Can they destroy them? Are they too far down in the ground? Will it be able to penetrate? Right now, as I write this Newsletter the Israel IDF is softening up these enrichment sites from the ground in the hope that the bunker buster bombs can later penetrate. Will ground forces be needed?

Ground forces depend whether or not the U.S. Navy combat fleet can help. We certainly hope it will not go this far.

I will leave it to the experts to explain in more detail what is going on in this regard. There are some great videos of the recent news covered on this issue in the blog’s Political Section. I encourage you to go watch them. I am not going to elaborate on them. You have ears and eyes, to watch them for yourselves. So, let’s concentrate instead more on how this all affects us investors, the dinar and the currency reform from the Central Bank of Iraq.

For timing of the RV standpoint, we are encouraged by the recent prophecies that this will not be a prolonged conflict with Iran and will end almost as soon as it begins. This to me means that whatever action is decided in the next two weeks by the Trump administration, it will not be an all-out ground war like the Operation Iraqi Freedom of 2003. Much sooner than later there will be peace and prosperity in the middle east, but I cannot tell you a definite time period when this craziness will end. God is using Israel and the U.S. to cleanse the earth of this terrorist state. Remember God is spiritual and we are living in a physical world and so he choses to use physical resources to help him do his work on the earth.

You can look at what I just said from the usual “liberal’ standpoint and say to stop the killing but sometimes it takes killing to stop the killing, get it. Everyone wants the finaly outcome of peace, not just liberals. But how do you get there? Do you have yet another 20 years of appeasement and thus continues terrorism or do you take this opportunity now to end this war on terrorism once and for all. But you end it by “winning it”. Remember that Iran could have resolved this peacefully and had months to do so and declined. But there was never a sincere intent anyhow to negotiate, and it was all just a stalling tactic. They are trying the stalling again as I write this Newsletter today. Yes, they are that close to having a nuclear weapon. It is time to end this terrorist threat once and for all. How long is this “war on terrorism going to last”? It has been how many years already? I count 24 years since 2001 when Afghanistan was attacked. But we all know these terrorist tactics have been going on for a very long time even before the 911 NYC attack. Folks it now 2025, come’on already…..

Currently it is Trump stalling for time as the Nimitz Carrier Strike Group nears the Middle East and is not expected to arrive until June 22. I believe this will be the decisive time period when the President of the U.S. will take action, if he does. You might want to also take a look at the article titled “IRAN IS ATTEMPTING TO IMPOSE A DILEMMA ON THE UNITED STATES“. This is a very informative article on the subject matter.

So, today is Thursday and yesterday was my usual call to Iraq. This is really what I came to share with you today. I was told in discussions that if this Iranian issue can be resolved quickly, as within a couple weeks, they fully intend to move ahead with currency reform very quickly. The only solid reason holding it back now is Iran. They had wanted to conduct the process prior to any real aggression from Israel but would not get the go ahead from the U.S. to move forward. Remember Iraq needs the full support of the U.S. for the Project to Delete the Zeros because the next stage preceding it has to be the reinstatement.

So, just this week the U.S. Treasury has said it will give a “green light” to go ahead, however with stipulations. First if they must complete successfully the Iranian issues and trade must resume to normal between the two countries. Then the dinar stabilize again. The Project to Delete the Zeros must be successful with maintaining low rate of inflation. This will be the gauge. rate. So, we are getting very close but a lot rides on the Iranian issue.

I am told by the CBI that there is strict attention not to exchange any dinar for U.S. dollars in Iraq and these same instructions were given to all U.S. ,UK and Canadian banks. Even dollars for travel are cut off. So, why are many of these intel gurus telling you there is even a possibility of an RV this weekend or next week? These are very strange people, and I don’t where in hell they get their info from, or does someone just make it all up?

Folks, I know many are worried that this may mean a huge blown-out protracted war. I just don’t see it that way, knowing the details. This is not what I am getting from my CBI contact in Iraq either. They worry most about shortages in Iraqi citizens such as for food, electricity and gas from Iran. But Iraq will survive and this is not the first time for these shortages. Why do they think the U.S. kept warning them of these issues? Have you been reading all the articles I have sent you lately? Go figure! Where Iraqi citizens blind of what was to come?

I was told and I quote “technically if all goes correctly and these nuclear sites do get destroyed, we can expect the currency reform process to move ahead very quickly” . For it is also better if there is a regime change. This would really bolster peace in the region.

What else is in the news from Iraq?

😊Meanwhile in the midst of the Iranian was, Iraq keeps moving forward with their economy as in the article titled. “IRON ORE EXTRACTION, SULFUR AND DRY GAS INVESTMENT…THE GOVERNMENT IS DISCUSSING TWO REQUESTS AND A CHINESE OFFER” On Monday, June 16, 2025, the Iraqi Industrial Coordination Council discussed the industrial situation in Iraq and its needs during a meeting chaired by Prime Minister Mohammed Shia al-Sudani. The meeting was attended by representatives of several foreign companies. The meeting discussed an offer submitted by the Chinese company “Tsing Shan” to extract “iron dust.” So, Iraq is just not talking about exploiting their mineral resources they are doing something about it to bring it to market. This is part of the economy moving away from the rentier economy.

Then another article still critical of the rentier economy it is titled “IRAQI FINANCE FIGURES SHOW A “SOFT RENTIER” ECONOMY. ARE THERE ALTERNATIVES?“. Remember that even though the Iraqi economy is still about 92% oil driven revenues, these are revenues and oil is a large part of their assets. So where is a dinar rate to at least reflect what they do have? Sadly, if the Iraqi dinar is not in a manipulated rate, I don’t know what is! So, I will quote from the article “An Iraqi economist warned on Wednesday against the country’s continued reliance on a rentier economy, noting that it “creates a consumer society” and weakens the national production base. Mohammed al-Hasani told Shafaq News Agency, “A rentier economy is usually weak and produces a consumer society dominated by the import sector, with little interest in manufacturing industries. This is what applies to Iraq.” Is this still not an economy? Do you really believe that with about 100 billion in reserves and the ability to maintain these reserves is not wealth? Not to mention Iraq has hardly any debt. Hey…. I also thought they call oil “black gold”. Is gold not supposed to be a very stable investment then? Is this not why we invest in gold? Just asking…..

What can we as investors do right now?

• Pray and pray that nothing will mess this up….
• Be very patient….
• Do not sell your dinar….  
• No more intel guru talk….
• No more NESARA / GESARA crazy talk
• Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
• Don’t over speculate and set unjustified expectations

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

God told us it will be an “hypnotic November” and turbulent until June 2025 and so, isn’t it? Was He lying to us? Remember that these globalists satanic cult have had it too good for too long and are not just going to lay down and let themselves be destroyed. They are going to fight until the very end to maintain control over you. If all else fails, they will get more and more desperate to overcome the good trying to rebuild and free our nation.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a bright future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

“HOW TO RECEIVE FREEDOM IN YOUR LIVES AND ALL THAT BELONGS TO YOU”

The prophecy today can be found at the 9:20 minute mark. From June 11th.

A very powerful prophecy and she tells you why, please just listen.

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About the prophetic word:

How do these people know these things? Is it God speaking to them of the future?

How is all these prophecies related to the IQD revaluation?

First I need to add that God has given multiple prophecies already about the IQD revaluation and His form of the global reset. In each He specifically talks about Iran, Iraq and Southern Asia (Vietnam).

With the prophecies, unlike the RV saga, we hardly ever get a firm timeline, but we must stay faithful and know that God will be faithful to us and provide what he promises to his prophets and promises to us. Like the clean out of SCOTUS now coming about so will the RV.

Remember that, like us listening to these prophecies, the dark side also listens to them and constructs obstacles in an attempt to overcome them and stop them. This is intentional and we will soon learn of the truths behind why the RV was halted in 2012, besides what we already know. There were some very dark elements involved.

We know the RV of the IQD is unstoppable but it can be delayed and was delayed by these dark elements in 2012. I firmly believe this is what happened in 2012 when the CBI has an “unprecedented opportunity”, according to Dr Shabibi in his 2015 interview before his passing, to get the Iraqi dinar back online in the foreign currency exchanges.

I have been trying to explain to everyone many time already that this is when the criteria all changed under the Obama administration, thus we sit for another 13 years waiting for Iraq to meet this new stringent criterion. They did this in a well-orchestrated, corrupt plan to hold it up, but only after these corrupt U.S. politicians exchanged their dinar and no longer cared about Iraq.

Folks it has been 13 years since! Are we now also approaching the other 2 prophecies by Kim Clement telling of the wealth transfer, the reset and the coming PEACE in the middle east. I have presented these prophecies to you also many times in the past. These are all connected together. All the signs show that this may very well be the time now for Iraq.  

But today the prophecy we are looking at is about SCOTUS and the judges stepping down will also have huge implications on many things. Also, the impact on Federal and district court judges. Let’s just sit back and watch it all play out, knowing that God’s Hand is at work.

 Kim Clement piece from 2014 prophecy

2 Supreme Court Justices will step down. This is going to happen shortly.

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9^th prophecy from Julie Green. Did you listen to it? WOW!

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Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. In Hebrews 11:6, it underscores this principle of why we pray: “But without faith it is impossible to please Him, for he who comes to God must believe that He is, and that He is a rewarder of those who diligently seek Him.”

You don’t have to be Catholic to pray….lol..lol.. As a Christian, praying the rosaries for me is my way to pray and has had a significant impact on my life and focus during this Easter season and throughout the year. I find it is good to remember the Stations of the Cross during lent and what our savior did for us. In know many of you may not be Catholics or even Christians but try to take a different approach this Easter. Try to see what all the fuss is about Christ. Put yourself in Christ shoes (or should I say sandals) as an ordinary person in today’s world. You can quickly see that the nature of man has not changed very much and if Christ were born today, many would probably try to crucify him. Have we not learned anything?

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer

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OPERATION RISING LION

Operation “Rising Lion” is the campaign to neutralize the nuclear weapon capability of Iran once and for all. Currently it is being conducted by Israel with limited intel from the U.S. The U.S. is now determining further strategies for this operation and if it will be getting physically involved or not. What would be its role? Is a ground war inevitable?

GEN. KEANE: WE ARE LOOKING AT THE END HERE

HOW A BUNKER BUSTER BOMB WORKS?

WHAT’S UP WITH ILHAN OMAR?

She Insults America — She Accidentally Slips Up and Now People Want Her GONE, I mean deported! Have we had enough? But you just don’t deport a sitting congress representative. She will either  have to be convicted of a felony or she will have to lose her district elections in Nov 2026. Yes, we may have to deal with the idiot until then.

‘THE BIG RIOT LIE’: NEWSOM UNDER FIRE

Why do I bring you this news of the ICE protests? I not just trying to bring you the news, as you can tie into any news channel for the news. I try to bring the TRUTHFUL side to the news and then tie it to our Iraqi dinar revaluation news. Yes, it is all interconnected. I know many of you will have a hard time understanding this point. It is all about corruption in and outside Iraq to get this currency rebalancing to occur.

Who is funding these new riots? Why are they being conducted?

Oh is it really all just about ICE raids? It’s about causing confusion, Chaos and disruptions where ever and whenever. This is all part of grander global plan. They are trying to get the American people so fed up that they finally raise their hands and give up in disgust. But this plan will not work.

They needed a new narrative, like they created with the BLM riots and we all know the farse from all that George Floyd lies, don’t we? So they are at it again. Just a new day and another narrative. So starting in California the asshole governor Newsom gave them the narrative. It is an honest narrative? You be the judge but for me I will take the side of deportation of these gangs and terrorists that illegally entered our country any day. There is not such allowance in the U.S. for sanctuary cities. Get it? It is all made up to protect those the globalist need to work for them to create the chaos. How can it not be so obvious now with the second narrative?

They are using people and these riots for disorder and chaos. The communist in Russia and the Nazis in Germany used this same tactic in Europe to gain control. Don’t buy into it and don’t allow it. The rhetoric from the democrats can no longer be trusted. Beside we can see right through them now.

Doesn’t it strike you weird how we see some the same people in many different cities rioting, as they catch them on camera?

Everyone should pay close attention to these riots in the news. God’s Hand is going to strike down upon these orchestrators of the riots. They are going to be found out and their wealth stripped from them for harming God’s America.

FINANCIAL TIES FOR U.S. RIOTS ACROSS THE COUNTRY TIED TO THE CHINESE COMMUNIST PARTY (CCP)

It is comforting to know the TRUTH is finally coming out. What will be the consequences? Who will be convicted of TREASON?

LA PROTESTS LED BY ‘PAID INSURRECTIONISTS’

The real depressing find is they are using your tax money to fund most of them. Yes, this is govt grant money supposed for research. These aren’t the average American citizens protesting, although some try to join the protest and are faced with very strange, very angry violent other protesters. So, who are these “other” protestors?

FOUR (4) CANADIAN PROVINCES ARE NOW THREATENING TO PULL AWAY FROM THE CANADIAN GOVERNMENT. WHY?

CANADIAN JUDGES SHOCK THE NATION WITH ELECTION RULING!

Election fraud in Canada? The last thing Canada needed was yet another liberal prime minister. Time for change! Oh ….gee whiz, looks like at least the Canadian Supreme Court is not as corrupt as the SCOTUS in U.S. when they refused to even look at the facts of corruption in the 2020 election.

‘FIVE YEARS IN PRISON’ – AG PAM BONDI TELLS GAVIN NEWSOM WHAT’S HEADED HIS WAY

Let’s noT forget about Maxine Waters and a few other congress reps and senators too.

IRAN IS ATTEMPTING TO IMPOSE A DILEMMA ON THE UNITED STATES

Iran is attempting to impose a dilemma on the United States and the international community: either accept Iranian terms in nuclear negotiations or risk a long and challenging hunt for hidden Iranian nuclear material. This dilemma is likely designed to harden Iran’s nuclear program against destruction either by securing an agreement on Iranian terms (which would presumably allow Iran to continue enrichment) or protecting Iranian nuclear material by hiding the material, thus making a US or Israeli effort to destroy the material more difficult. 

Islamic Revolutionary Guards Corps (IRGC) Major General Mohsen Rezaei stated during an interview on June 20 that Iran has relocated its enriched material to a secure location to prevent it from being destroyed. This statement is presumably intended to suggest to a Western audience that destroying all of Iran’s nuclear material would require a long, challenging, and possibly futile hunt for hidden material and that, therefore, the West should negotiate with Iran. Iranian officials have expressed their interest in negotiating a nuclear deal with the United States, but have not moderated their negotiating position from before the conflict.

Iran remains committed to preserving its stated “right” to enrich uranium. These Iranian demands over enrichment have been a non-starter for the United States and Israel in the ongoing negotiations, suggesting Rezaei’s statement is designed to increase the pressure on the United States and Israel to relax their positions. The United States and Israel have rejected Iranian demands and maintained that Iran will not be permitted to enrich uranium on Iranian soil. Israel launched its air campaign on June 12 to “degrade, destroy, and remove [the] threat” of Iranian weaponization of its nuclear program, and a senior Israeli official said that enrichment remains a red line. US President Donald Trump has threatened to support an air campaign targeting Iranian nuclear infrastructure if Iran fails to meet US demands for zero enrichment.

Key Takeaways:

• Iran is using negotiations and its efforts to hide nuclear material to impose a dilemma on the United States and force Washington to decide between accepting Iranian terms in nuclear negotiations or risking a long and challenging hunt for hidden Iranian nuclear material. This dilemma is designed to protect the nuclear program by securing an agreement with allowances for enrichment or protecting enriched material by hiding it. Iranian officials have not relaxed their negotiating position, which US and Israeli officials are not willing to accept.

• The Nimitz Carrier Strike Group will arrive in the CENTCOM AOR by June 22.

• Iranian-backed Iraqi militias are attempting to deter US participation in the war by threatening to attack US forces if the US attacks Iran. These threats are probably informed by ongoing discussions in the West about a protracted war with Iran.

• The International Atomic Energy Agency director warned of a dangerous degradation of nuclear security at Iranian nuclear sites due to Israeli strikes.

• Israel continued to conduct strikes targeting the Iranian internal security and social control apparatus, which could destabilize the regime. CTP-ISW has not observed any indications that the regime is near collapse or that its control is significantly weakened at this time.

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US MEASURES RAISE THE DOLLAR’S VALUE IN IRAQ, AND AN EXPERT SAYS WAR WILL PUSH IT ABOVE THE 2,000-DINAR THRESHOLD.

On Thursday, June 12, 2025, economic and financial expert Nasser Al-Kanani predicted that the dollar exchange rate in Iraq would rise again in the coming period due to recent tensions in the region. He also indicated that the exchange rate could exceed 200,000 dinars per $100 if war breaks out in the region.

Al-Kanani told Al-Jabal platform, “With the recent security tensions, threats, and American moves to withdraw diplomats from Iraq and some countries in the region, as well as the mutual US-Iranian threats, the dollar has risen significantly in the past few hours. This rise, according to the data, will continue in the coming hours and days with the increase in tension.”

He explained that “this tension will push many citizens, as well as traders, to withdraw the dollar from the market, and increase import quantities for fear of any emergency that may occur due to the expected war in the region.” He indicated that “the outbreak of any war in the region will raise the dollar high in the local market and will exceed 200,000 dinars for every 100 US dollars, and perhaps more than that. Therefore, the Iraqi economic situation will remain turbulent, anxious, and unstable during the coming period, which will witness a continuous rise in the exchange rate and perhaps the prices of some other basic commodities.”

The region is witnessing tensions, marked by US withdrawals from several embassies, including Iraq, following Iranian threats to target US bases.

Earlier today, the US Embassy in Baghdad revealed that the evacuation of its citizens from Baghdad and the US Consulate in Erbil is mandatory, not voluntary, due to escalating regional tensions.

The embassy said in statements monitored by Al-Jabal that “the evacuation of our citizens is not voluntary, but rather a mandatory departure by official order.”

She added, “The departure is immediate, and we will not reveal the number of employees leaving for security reasons,” noting that “the departure order includes the embassy in Baghdad and the consulate in Erbil.”  

She pointed out that “the departure of non-essential government employees came due to escalating regional tensions.”

Earlier today, the spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Numan, said that the evacuation of some US embassy staff was a “precautionary measure,” stressing that “the pace of stability is increasing.”

Al-Numan said in a statement received by Al-Jabal, a copy of which was received by Al-Jabal, that “all Arab and foreign diplomatic missions operating in Iraq enjoy the widest range of safe working conditions,” indicating that “the evacuation of some US embassy employees from Iraq or other areas in the Middle East is a precautionary and regulatory measure related to them.”

He added, “The evacuation decision has nothing to do with the presence of any security indicators on the ground within Iraqi territory.” 

Al-Naaman pointed out that “all security indicators and briefings confirm the escalation of stability and the restoration of internal security throughout the country.”

He explained that “the security forces continue to implement their plans with high efficiency to ensure security and stability,” noting that “intelligence and field reports do not indicate the existence of actual threats that would impact the work of the missions or the general situation in the country.”

He continued: “The Joint Operations Command and other security agencies are monitoring all developments and confirming that they will continue to operate at a high level of readiness.”

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GOVERNMENT ADVISOR: THE IRAQI DINAR IS STABLE, BUT THE PARALLEL MARKET IS WITNESSING A SIGNIFICANT DECLINE IN THE VALUE OF THE DOLLAR.

The Prime Minister’s advisor for financial affairs, Mazhar Mohammed Salih, confirmed that the Iraqi dinar is witnessing remarkable stability, noting that the stability of the exchange rate represents an important indicator in financing the demand for external transfers for trade purposes at a fixed and stable rate.

Saleh told Al Furat News Agency, “The success of monetary policy in adopting solid operational targets for external transfers, particularly for import financing purposes, has had a significant impact on this stability.”

He added, “This policy is supported by highly commercially efficient foreign reserves, covering more than 15 months of imports, compared to the global standard of no more than three months as an indicator of the role of foreign reserves in price stability.”

The Prime Minister’s advisor explained that this “indicates a broad decline in the parallel exchange market during the current year,” stressing that this decline “has had a positive impact on lower inflationary expectations.”

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ECONOMIC AND OIL EXPERTS PREDICT THE REPERCUSSIONS OF THE ZIONIST AGGRESSION AGAINST IRAN AND ITS IMPACT ON IRAQ.

Economic and oil experts have differing opinions regarding the repercussions of the Zionist aggression against Iran and its potential impact on trade flows in the region and the global oil market. They stress that the current situation carries within it many variables that are difficult to predict accurately.

Abdul Rahman Al-Mashhadani (Economic Expert): Iraq is capable of diversifying its import sources.

Economic expert Abdul Rahman al-Mashhadani told Euphrates News that “the impact on trade with Iran from the recent repercussions is linked to several factors, most notably the duration of the airstrike on Iran and the facilities that will be targeted.” Al-Mashhadani noted that “the strike so far has been localized, and talk of it continuing for weeks is expected. It is certain that there will be action and reaction.”

Al-Mashhadani added, “We do not expect trade routes to be targeted. The current targeting is limited to military facilities.” He emphasized that “Iraq, in general, is capable of diverting its trade from Iran to other countries, because all it currently imports from Iran are crops that can be replaced from Turkey, Jordan, and Syria.”

Al-Mashhadani warned that “the real problem will be the escalation of the conflict and the attack on the Strait of Hormuz, which will affect our oil exports despite the rise in oil prices.” Al-Mashhadani concluded his remarks by emphasizing that “issues related to commodities and crops will not have a significant impact, and the impact on trade will only be initial.”

Hamza Al-Jawahri (oil expert): Oil prices will continue to rise. For his part, oil expert Hamza Al-Jawahiri predicted to Euphrates News that “the rise in oil prices as a result of the recent repercussions will increase further, especially since initial data indicates it will continue for several weeks.” Al-Jawahiri explained that “its impact on shipping in the Gulf could lead to a further rise in prices, as its impact negatively impacts oil supplies.”

Bassem Jamil Antoine (Economic Expert): Great chaos and difficulty in prediction

In the same context, economic expert Bassem Jamil Antoine warned in a statement to Euphrates News that “the recent repercussions in the region will lead to major chaos, and the outcome of this war, its duration, and the Iranian response cannot be estimated.” Antoine noted that “its impact will depend on how long the war lasts.”

Antoine predicted that “Iraqi trade will be significantly affected, and it is impossible to provide a clear picture. This will increase demand for the dollar, which will be reflected in its rise.”

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OIL RISES, THE DINAR FALLS, AND BAGHDAD FACES THE RAMIFICATIONS OF ISRAELI-IRANIAN MISSILES.

Although it is outside the immediate circle of conflict, Iraq appears to be in the eye of the storm. Its geographical location, its near-total dependence on oil, and the peg of its economy to the dollar exchange rate make it vulnerable to every geopolitical shock in the region. While Israel and Iran exchange airstrikes and inflammatory statements, the Iraqi market translates these fires into tangible crises: rising food prices, a volatile dollar, and fears of a slowdown in the flow of goods through ports and borders.

As Israeli airstrikes on Iran escalated, the Iraqi dinar began to slide. This decline is not merely a technical result of changes in the currency markets; it is an expression of general panic and deep concern about political and security repercussions that Iraq may not be able to contain. Dealing with the US dollar is no longer just an economic issue; it has also become highly politically sensitive, especially with the US Treasury Department’s strict oversight of transfer and financing mechanisms within Iraq.

On Friday, following the unprecedented Israeli airstrikes on Iranian facilities, oil prices jumped nearly 5%, while the Iraqi dinar fell dramatically against the dollar, exceeding 146,000 dinars to $100 in some local markets, its lowest level in months.

Meanwhile, global oil markets are experiencing significant turmoil, with JP Morgan warning that oil prices could rise to $120 per barrel if geopolitical tensions in the Middle East escalate further.

Global oil prices rose, with Brent crude closing at $74.23, up 4.87%, while US crude also closed at $72.98, up 4.94%.

The dinar is the first to be affected

“What’s happening in Tehran is directly felt in the markets of Rusafa and Karkh,” says Ahmed Eid, an economic researcher, referring to the close relationship between regional stability and the status of the local currency.

“The sudden rise in the dollar price reflects a real state of panic, not only about the developments in the conflict, but also about its potential financial repercussions, especially if the United States resorts to tightening controls on transfers from the US Federal Reserve or imposing new banking restrictions,” he added in an interview with Shafaq News.

Eid warns that the continued smuggling of dollars from Iraq to Iran is fueling monetary instability, saying, “The Iraqi economy is dependent on external balance. We don’t produce; we buy everything from abroad, and with every tremor in the region, we are the first to suffer.”

Black gold: a temporary gain or an impending disaster?

At first glance, high oil prices appear to be an opportunity to boost Iraq’s treasury, especially given that more than 90% of its budget relies on crude oil revenues. However, recurring threats to energy corridors, most notably the Strait of Hormuz, reveal the fragility of this “profit.” Every additional barrel sold today may not find a safe route tomorrow. Worse still, proposed alternatives, such as the Turkish Ceyhan pipeline, provide only partial coverage, amid ongoing logistical and political challenges.

“This short-term profit does not hide the real danger,” says economic expert Safwan Qusay.

“Any threat to the Strait of Hormuz would mean that more than 3 million barrels of Iraqi oil per day would be at risk,” Qusay says. “Even if the Turkish Ceyhan pipeline were activated as an alternative route, it would cover only a third of exports, with burdensome logistical costs requiring thousands of trucks.”

Approximately one-fifth of the world’s oil trade—between 18 and 19 million barrels per day—passes through the Strait of Hormuz. Any military escalation affecting this vital artery would mean not only an Iraqi oil crisis, but also enormous pressure on prices and cash flows.

The indirect repercussions, however, appear more vague. The suspension of flights, the complexity of supply chains, and the potential displacement of Iranians or the return of Iraqi students and workers from Iran all add a new burden to the Iraqi state.

Financial expert Mahmoud Dagher told Shafaq News Agency that Iraq is still in the “economic resilience” phase, benefiting from high oil prices, but the door is open to more severe possibilities.

“The worst scenario is the closure of the straits, whether in the Arabian Gulf or the Red Sea, a card that Tehran or its allies in Yemen could play,” Dagher says, adding that “this would be an uncontainable blow, not only to the Baghdad government, but to the entire Middle Eastern economy.”

Iraq does not appear to have sufficient room for maneuver in this crisis. Between its near-total dependence on oil, weak domestic production, and the import of most basic commodities, any regional unrest becomes a daily matter for Iraqi citizens. As the crisis between Israel and Iran continues, attention is turning not only to the military fronts but also to the markets of Baghdad, where currencies, commodities, and fear determine the fate of millions.

In the absence of a real local production structure, the Iraqi economy is becoming something of a vehicle, completely linked to the regional locomotive.

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IRON ORE EXTRACTION, SULFUR AND DRY GAS INVESTMENT…THE GOVERNMENT IS DISCUSSING TWO REQUESTS AND A CHINESE OFFER.

On Monday, June 16, 2025, the Iraqi Industrial Coordination Council discussed the industrial situation in Iraq and its needs during a meeting chaired by Prime Minister Mohammed Shia al-Sudani. The meeting was attended by representatives of several foreign companies. The meeting discussed an offer submitted by the Chinese company “Tsing Shan” to extract “iron dust.”

A statement from Al-Sudani’s office, a copy of which was received by Al-Jabal, stated that “Al-Sudani chaired a meeting of the Industrial Coordination Council on Monday, during which the industrial situation in Iraq, its most prominent needs, and the files on the agenda were discussed and reviewed. The meeting was attended by a number of ministers, advisors, businessmen, and representatives of local and foreign companies working in partnership with the private sector.”

The statement added, “The Prime Minister stressed the need to continue working to provide the legal and legislative foundations for expanding the base of various industries in Iraq, in a way that serves the escalation of the private industrial sector’s activity, as a partner in development, and the provision of job opportunities and goods to the Iraqi market.”

The statement continued, “The Council considered the topics on the agenda and took the necessary decisions and directives. The request of the Chinese company (Tsing Shan) was discussed, and its desire to work in the field of dry gas in the Basra Industrial City project, and the sulfur investment project in the Lazka/2 field, and its offer to extract iron dust. Directions were given to coordinate with the Ministry of Oil in this regard.”

The Council discussed, according to the statement, the issue of determining rental allowances for industrial projects established on agricultural lands, and forming a committee in this regard. It approved referring the issue to the Ministerial Council for the Economy. It also considered the possibility of amending Cabinet Resolution (24413 of 2024) regarding granting initial approvals for the establishment of facilities for industrial projects and equipping these projects with petroleum products from distribution outlets according to entitlement .

The statement noted that “the Council reviewed the relevant ministries’ completion of the digital transformation and the single window at the Industrial Development Directorate. It also approved the referral of the file on reducing the prices of liquefied natural gas supplied to industrial projects to the Ministerial Council for the Economy, and obligating government agencies providing services to create electronic links for industrial companies operating unnumbered sites to facilitate companies’ submission to the link.”

The statement concluded, “The Council discussed the Ministry of Education’s referral to print school textbooks, and the balance between the private and public sectors, in accordance with Cabinet Resolution No. 24402. The meeting also considered exempting industrial investment projects located outside the basic design of cities from the announcement requirement in Cabinet Resolution No. 245 of 2019.”

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IRAQI FINANCE FIGURES SHOW A “SOFT RENTIER” ECONOMY. ARE THERE ALTERNATIVES?

An Iraqi economist warned on Wednesday against the country’s continued reliance on a rentier economy, noting that it “creates a consumer society” and weakens the national production base. Mohammed al-Hasani told Shafaq News Agency, “A rentier economy is usually weak and produces a consumer society dominated by the import sector, with little interest in manufacturing industries. This is what applies to Iraq.”

Al-Hasani called on the Iraqi government to “work and strive to develop Iraq’s industrial production sectors and diverse agriculture in order to stimulate the country’s foreign trade sector and achieve the highest possible financial revenues that contribute to achieving the highest returns for the national income and the Iraqi state treasury.”

The Iraqi Ministry of Finance revealed that federal budget revenues from January to March 2025 exceeded 27 trillion dinars, with oil accounting for 91% of total revenues.

Tables issued by the Ministry of Finance in June for the first quarter of the year, monitored by Shafaq News Agency, showed that oil remains the primary source of revenue for the general budget, reinforcing the rentier nature of the Iraqi economy.

According to the ministry’s data, total revenues amounted to 27 trillion, 248 billion, 764 million, 196 thousand, and 554 dinars, while total expenditures amounted to 26 trillion, 662 billion, 428 million, 661 thousand, and 44 dinars.

Oil revenues alone amounted to 24 trillion, 911 billion, 906 million, and 926 thousand dinars, equivalent to 91% of total revenues, while non-oil revenues amounted to 2 trillion, 336 billion, 857 million, and 269 thousand dinars.

In March 2021, the Prime Minister’s advisor for financial affairs, Mazhar Mohammed Salih, explained to Shafaq News Agency that the reasons behind the Iraqi economy remaining rentier are due to the wars and economic blockades of the past decades, in addition to the current political conflicts that have squandered economic resources.

Saleh added that the country’s continued reliance on oil as its sole source of revenue makes Iraq vulnerable to global crises that impact oil prices, forcing the country to repeatedly resort to borrowing to cover its deficit. This reflects weak financial management and an inability to develop effective financing alternatives.

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

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Mnt Goat