Oil Prices Ignite Globally.. But Will It Reflect Positively on the Streets of Baghdad and the Provinces?

Iraqis are closely watching the rapid developments that have led to a noticeable rise in global oil prices following the recent events in the Strait of Hormuz. In the Iraqi street, everyone is asking: "How will this rise reflect on our daily lives?". The paradox is that selling oil at high prices fills the state treasury with dollars, which is theoretically joyful, but the citizen fears that these funds will be lost in the labyrinths of corruption and phantom projects without sensing their impact in improving electricity, paving roads, and building schools and hospitals. People also fear that tension in the region will lead to increased prices for imported consumer goods, devouring any hoped-for benefit from increased oil revenues. Today, the Iraqi street demands transparency and the transformation of this temporary "oil boom" into genuine service projects that change the reality of exhausted cities and inspire hope in the hearts of their people.