AGP Executive Report
Last update: 7 hours agoStrait of Hormuz Pressure on Iraq’s Oil: Iraq’s Oil Minister Basim Khudair says crude exports have fallen from about 3.4mn bpd to roughly 1.5–1.7mn bpd as the Strait of Hormuz stays closed, pushing Baghdad to pursue alternative routes like Aqaba and the Basra–Fishkhabur pipeline. Kurdistan Trade Hit: Kurdistan PM Masrour Barzani says trade activity has dropped over 70% since the US-Iran war began, with missile/drone attacks disrupting exports and deterring oil investment. Anti-Graft Drive: Iraq’s crackdown continues with the arrest of former Saladin governor Ahmed al-Jubouri (Abu Mazen) and businessman Mohammed al-Hajaf on corruption charges tied to provincial contracts. Water Tech Push: Iraq’s Water Resources Ministry signed with Turkey’s Kolaysoft to roll out digital monitoring for surface and groundwater, remote metering, and GIS mapping to manage water stress. New Consumer Spot: Baghdad opened its first IMAX cinema at Iraq Mall, signaling continued investment in retail and leisure. Regional Security Signals: Iran appointed IRGC veteran Mohsen Rezaee to a top security role, as Hormuz reopening remains tied to US conditions including compensation.
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