AGP Executive Report
Last update: 9 hours agoAviation & Sanctions: Iraq is in direct talks with the US to get exemptions for some Iraqi airports so flights with Iran can resume on humanitarian grounds (medical, education, religious visits, and civilian needs) after new US sanctions targeted Iranian airlines. Power & Water Stress: Iraq’s grid still relies on purchased electricity for 41% of supply, while hydro generation has plunged 50.8% in 2025 due to drought and low dam levels, alongside maintenance and spare-parts shortages. Coalition Drawdown: Iraq and the US continue restructuring ties as the Baghdad Diplomatic Support Center is handed over to Iraqi control, tied to the Sept. 30 end of the anti-ISIS coalition mission and the push for exclusive state weapons control. Oil & Shipping Security: Basra tribesmen helped recover a hijacked crude oil tanker in the Gulf of Aden, freeing the crew and capturing seven pirates. Energy Investment: TotalEnergies is discussing a bigger $16bn Iraq bet to expand oil output, building on its existing GGIP footprint. Regional Trade Shock: The Iran-US standoff over reopening the Strait of Hormuz keeps pressuring Iraq’s economy and logistics as oil exports and costs remain under strain.
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