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FILE - In this July 17, 2019 file photo, oil tankers load crude oil at Iraq's Al-Basra Offshore Terminal in Basra, Iraq. The historic crash in oil prices in the wake of the novel coronavirus pandemic is reverberating across the Middle East as crude-dependent countries scramble to offset losses from a key source of state revenue. While some Gulf countries can rely on a cushion of foreign currency reserves, nowhere in the region are the circumstances more dire than in Iraq, where oil sales fund 90% of the state budget. (AP Photo/Nabil al-Jurani, File)

FILE - In this July 17, 2019 file photo, oil tankers load crude oil at Iraq's Al-Basra Offshore Terminal in Basra, Iraq. The historic crash in oil prices in the wake of the novel coronavirus pandemic is reverberating across the Middle East as crude-dependent countries scramble to offset losses from a key source of state revenue. While some Gulf countries can rely on a cushion of foreign currency reserves, nowhere in the region are the circumstances more dire than in Iraq, where oil sales fund 90% of the state budget. (AP Photo/Nabil al-Jurani, File)

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