Iraq remains without a new government more than a month after parliamentary elections, as political factions struggle to form alliances in a fragmented landscape. The largest bloc, led by Prime Minister Mohammed Shia al-Sudani, lacks the numbers to govern alone and faces resistance from powerful rival groups, including those aligned with Iran. The next administration will have to manage the influence of armed factions in parliament, navigate pressure from both Washington and Tehran, and address deep economic challenges such as public debt and heavy reliance on oil revenues. Despite recent stability, the ongoing deadlock raises concerns about Iraq's ability to maintain its delicate balance and avoid further political uncertainty.