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AGP Executive Report

Last update: 7 hours ago

Oil Shock: Iraq says the US–Iran conflict has cost it about $60 billion, as disruption to Hormuz slashed oil production and exports. September exports recovered to about 2.6 million barrels a day, but oil still provides roughly 90% of state revenue. Oil Development: Drilling has started on the Shams 4 well in Najaf’s Al-Qarnain block, operated by China’s ZhenHua Oil. In Kirkuk, operations are transferring to a BP-led consortium, which aims to raise output to 450,000 barrels a day. Infrastructure and Energy: Construction is advancing at an Iraqi oil refinery, while Iraq and Saudi Arabia’s ACWA Power are discussing doubling the Najaf solar project to 2,000 megawatts. Agriculture: A 200-year-old underground irrigation system in Kirkuk has been added to an international heritage register, recognizing water infrastructure that still irrigates local farmland.

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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Oct. 10, 2026

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Iraq says it lost US$60bil as Mideast war hits oil exports

Iraq says it lost US$60bil as Mideast war hits oil exports

Iraq’s militias are adjusting for a new era, not going away

Iraq’s militias are adjusting for a new era, not going away


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Oct. 15, 2026

Iraq Pledges to Prevent Attacks on Saudi Arabia from Its Territory

MENAFN

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Oct. 15, 2026

Iraq Pledges No Launchpad for Attacks as 5 Saudi Airports Hit

MENAFN

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Oct. 15, 2026

Blast From ISIS Explosive Kills Two Iraqi Military Personnel in Kirkuk

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Oct. 12, 2026

Iraqi F-16s Wipe Out ISIS Position in Diyala in 2 Airstrikes

MENAFN

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Oct. 12, 2026

Iraqi Airstrikes Destroy ISIS Position in Diyala

MENAFN

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Oct. 12, 2026

Iraqi Fighter Jets Destroy ISIS Hideout in Diyala Province

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