Militia Standoff Escalates
−1.1%
Kataib Hezbollah, Asaib Ahl al-Haq, or allied PMF factions reject detention orders and mobilize armed units around Baghdad, airports, or oil-related infrastructure. The risk is heightened by the recent U.S. withdrawal, which reduces external deterrence and shifts the confrontation squarely onto Iraqi institutions.
What it moves
- Energy+1.5%
- Consumer Services−1.2%
- Riskier companies' borrowing costs
- Market volatility
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