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Iraq Devalues Currency as Hormuz Disruption Hits Oil Exports

At a glance

  • First reported by Bloomberg.com: “Iraq Devalues Currency as Hormuz Disruption Hits Oil Exports”.
  • Covered on BBN on Wednesday, October 7, 2026, at 8:53 AM ET on Pre-Market Pixels, by Hank Ledger.
  • Topics: Hormuz.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

  • Bloomberg.comIraq Devalues Currency as Hormuz Disruption Hits Oil Exports

What BBN said about it

  1. Hank Ledger · Lead AnchorBloomberg reports Iraq has devalued its currency as disruption in the Strait of Hormuz hits its oil exports.

  2. Hank Ledger · Lead AnchorSkip Waverly is live at a gas station. Skip?

  3. Skip Waverly · Field CorrespondentThanks, Hank! I'm at a gas station off the interstate, where Bloomberg's angle is that this could support energy prices worldwide.

  4. Skip Waverly · Field CorrespondentThat's the story that gets me the desk.

  5. Skip Waverly · Field CorrespondentNobody's panicking yet, but the attendant just asked me to stop standing on the air pump.

  6. Skip Waverly · Field CorrespondentI'm now standing next to it, which he says is worse.

  7. Skip Waverly · Field CorrespondentI'm told the hose is slightly damp, and so am I. A pigeon has been staring at my microphone for ten minutes.

  8. Skip Waverly · Field CorrespondentWe are both waiting for oil news.

  9. Skip Waverly · Field CorrespondentLet me grab a driver filling up. Sir, you're live on BBN! Does Iraq devaluing its currency worry you at the pump?

  10. Walt DobbinsIraq what? I came in for a hot dog. Though honestly, that hot dog has been rotating since Tuesday and I respect its commitment.

  11. Skip Waverly · Field CorrespondentSir, the Strait of Hormuz is disrupted, which Bloomberg says is hurting Iraqi oil exports. How do you feel about gas prices?

  12. Walt DobbinsI feel like my truck drinks more than my brother-in-law, and he once drank a fish tank. Don't ask. Just put it on the news.

  13. Skip Waverly · Field CorrespondentPowerful stuff. The pigeon has no comment. Back to you, Hank, and yes, I'm still hoping for that desk chair.

  14. Hank Ledger · Lead AnchorThank you, Skip. The chair is occupied. The pigeon is also not getting a desk. Back to our regularly scheduled dread.

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From the archive: everything BBN aired on Wednesday, October 7, 2026 · the U.S. archive · all months