AGP Executive Report
Last update: 9 hours agoIraq-US Energy Push: Prime Minister Ali al-Zaidi’s Washington trip produced 48 deals with major firms (ExxonMobil, Shell, GE Vernova, Halliburton, Chevron, KBR) plus a plan for a Mediterranean Energy Corridor to diversify exports beyond Hormuz. Northern Exports Restart: North Oil Company says Kirkuk’s pipeline system to Turkey’s Ceyhan port is ready for pumping, with trial runs targeting 300,000–350,000 bpd. Iraq-Syria Pipeline Plan: Baghdad and Damascus signed an MoU to rebuild a crude pipeline to Syria’s Mediterranean coast, aiming to strengthen regional energy security. Starlink Satellite Internet: Iraq approved Starlink for satellite services as part of the wider investment push. Banking Reform: Iraq and the US agreed to rehabilitate seven Iraqi banks to restore correspondent banking in foreign currencies. Public Health & Environment: Ramadi landfill fires are worsening air quality and raising groundwater contamination fears. Regional Security Shock: US-Iran tensions escalated after attacks in Jordan and renewed strikes, keeping Hormuz-linked oil risks front and center.
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