Iraq Parliamentary Elections on November 11: What Traders Need to Know

On November 11, parliamentary elections are held in Iraq — an important political event that determines the composition of the country’s legislative body.

Parliamentary elections in Iraq have been held regularly since 2005, after the overthrow of Saddam Hussein’s regime, and this process is a key stage in the formation of power.

Elections can significantly affect the markets, especially the oil sector and regional stability, causing fluctuations in oil prices and risk assets in the Middle East.

It is impossible for foreigners to attend the elections in person, but participation is possible through observation or monitoring of results and political changes.

This event is important to remember for traders working with oil futures, regional currencies, and stocks sensitive to political risks in the Middle East.