AGP Executive Report
Last update: 9 hours agoStrait of Hormuz Shock to Iraq’s Construction: Strait disruptions are rerouting steel shipments and pushing freight costs higher for Iraq, with S&P Global citing steel traders saying coil transport to hubs like Sohar and Fujairah has jumped to $70–90 per tonne from $35–40 before the crisis, adding port and war-risk charges and straining Iraq’s long overland routes and limited trucking capacity. US-Iran Ceasefire Talks: The US and Iran reached a tentative deal to extend the ceasefire by 60 days and begin nuclear talks, with a draft memo saying Iran can’t impose tolls on Hormuz and must remove mines within 30 days, while the US would gradually lift its naval blockade. Iraq CCHF Crackdown: Iraq has intensified veterinary inspections ahead of Eid al-Adha as Crimean-Congo hemorrhagic fever spreads, including a first confirmed 2026 case in Kirkuk, with slaughterhouse checks and guidance for breeders and butchers. Eid Livestock Enforcement in Baghdad: Baghdad launched an Eid al-Adha crackdown on livestock slaughter, as authorities move to tighten controls during the holiday period. EU Sanctions Linked to West Bank Violence: The EU imposed sanctions on seven Israeli settlers and affiliated entities over alleged systematic violence and settlement expansion, including travel bans and asset freezes.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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