About six months after Iraq's parliamentary elections, the new government has yet to be formed. What are the possible scenarios and consequences?

Background: Iraq's elections were held on Oct. 10, 2021, about six months before the regularly scheduled elections, in response to the demands of protesters in 2019-2020. They were supposed to provide a solution to the political crisis in the country that had led to about a year of protests that included violence against protesters, with about 600 killed and 30,000 wounded. But it appears that the elections not only had not come with workable solutions but had also added fuel to the fire.

The elections have resulted in two opposing axes: the Coalition for Saving the Homeland, and the Coordination Framework. The first is a cross-sectarian alliance between the Sadrist movement (74 seats), the Sunni Coalition of Sovereignty (consisting of two Sunni groups led by Mohammed al-Halbusi and Khamis al-Khanjar with 62 seats), and the Kurdistan Democratic Party led by Massoud Barzani (with 31 seats). The Coalition secured a minimum majority of 167 seats out of 328, which allowed them to go ahead with the selection of parliament speaker Halbusi.

However, the Coalition faced great challenges in obtaining the absolute majority of two-thirds members, which is required to select a president. Although they tried to attract about 40 independent members to join them, the total number of 202 gathered in parliament was not enough. Therefore, the Coordination Framework, consisting of Shiite political parties close to Iran, allied with the Patriotic Union of Kurdistan with 29 seats and a small Sunni group led by Muthana al-Samerai, were able to form a blocking third preventing the first coalition from going ahead with the government formation. After failing three times to select a president, Sadr withdrew from forming a government, passing the ball to the Coordination Framework to form the government alone and giving it 40 days to do so beginning March 31. It seems both groups are unable to form the government alone, and the challenges are likely to continue for a long time. What are the possible scenarios?