Video Duration 02 minutes 51 seconds

Iraq: Oil price drop fuels economic crisis

Iraq has been hit by political instability that effectively left it without a government.

Iraq has been hit by political instability that has effectively left it without a government.

The country has also been caught in the middle of escalating tensions between the United States and Iran. Now, the sharp decline in oil prices is affecting its economy.

Al Jazeera’s Simona Foltyn reports from Baghdad.