The latest industries and services news from Iraq

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AGP Executive Report

Last update: 28 minutes ago

Oil & Exports Under Pressure: Iraq’s crude exports to the U.S. fell to 67,000 bpd last week, down from 100,000 bpd, as the wider Hormuz disruption keeps squeezing flows. Route Diversification: Iraq says it’s negotiating with foreign firms to restart closed fields and is preparing to resume shipments via Turkey’s Ceyhan port. Budget Freeze Hits Services: In Diyala, about 70% of projects are stalled because unpaid federal dues now exceed 200 billion dinars and the federal budget remains unapproved for a second year. Fire Safety Crackdown: Civil Defense says it has referred 1,885 establishments to court and closed 11,070 buildings nationwide over safety violations, with Baghdad’s Rusafa and Anbar among the worst-hit. Regional Finance Shock: A World Bank document seen by Reuters says 27 countries are activating crisis tools to access fast funding as energy and fertilizer supply chains take a hit. Iran-US Deal Talk: Trump says the U.S. won’t “rush” a deal and that Hormuz reopening is tied to a signed agreement, while reports point to a possible 60-day ceasefire extension.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

AGP Wire

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May 18, 2026

Opterro names DOME exclusive distributor in the Middle East

EIN Presswire

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May 13, 2026

Kent Imaging taps Roots Pharmaceutical to distribute SnapshotNIR in GCC and Iraq

EIN Presswire

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May 21, 2026

Al-Aqidi backs federal fraud crackdown after Medicaid charges and Feeding Our Future sentencing

EIN Presswire

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May 21, 2026

Austin Hancock lands Amazon bestseller with debut book on wealth building

EIN Presswire


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15 hours ago

Iraq, Iran FMs Address U.S. Nuclear Talks in Phone Call

MENAFN

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May 23, 2026

Iraq to Coordinate with Saudi Arabia, UAE in Attack Investigations

MENAFN

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May 23, 2026

Iraq’s High-Level Committee Continues Investigation into Attacks on KSA, UAE

MENAFN

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May 23, 2026

Reports Claim Gulf States Carried Out Secret Strikes in Iraq

MENAFN

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May 21, 2026

Iraq Vows Action After Drone Attacks on UAE Nuclear Site

MENAFN

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May 21, 2026

Iraq to Take Action If Territory Used in Attacks on Saudi Arabia, UAE

MENAFN

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