AGP Executive Report
Last update: 39 minutes agoOil & Shipping Shock: With the US-Iran MoU pointing to Hormuz reopening, analysts warn Iraq and the region won’t see “normal” flows for weeks or months as hundreds of ships clear the Gulf, insurers stay cautious, and Gulf producers ramp back slowly. Iraq Energy Exports: Iraq has asked Türkiye for a one-year extension of the Kirkuk–Ceyhan crude pipeline deal while Ankara pushes a new framework; Turkey says extending an arbitration-tainted accord “has no point.” Militias & State Control: US envoy Tom Barrack met Iraq PM Ali Al Zaidi, stressing “complete disarmament and disbandment” of armed groups outside state authority—an issue central to Baghdad’s security transition. KRG Governance & Investment: In Erbil, Barrack urged urgency on forming a new KRG cabinet and reactivating parliament, while backing trade and energy investment. Market Watch: Oil prices eased on deal hopes, but crude and shipping angst remain, keeping energy costs elevated for regional industry and inputs.
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