AGP Executive Report
Last update: 5 hours agoIraq Energy Exports: Lebanon and Iraq met in Beirut to revive the historic Kirkuk–Tripoli oil pipeline, with Lebanon preparing to act as a storage and re-export hub while Baghdad diversifies routes away from the Strait of Hormuz. Power Expansion: Prime Minister Ali al-Zaidi says Iraq aims to double electricity production and distribution capacity in 2027, targeting 30,000MW domestic capacity plus major imports and renewables. Anti-Corruption Crackdown: Iraq’s Integrity Commission seized nearly $7m in cash and gold bars from a detained electricity ministry undersecretary, as Baghdad accelerates corruption arrests. Foreign Investment Push: Iraq’s National Security Advisor met Japan’s ambassador to stress security guarantees for foreign firms and tech transfer in energy and infrastructure; PM al-Zaidi also urged Italian companies to invest in Iraq’s energy, industry, and irrigation technologies. US–Iran Pressure: Trump vowed tougher economic measures on Iran, with sanctions and new options aimed at Iran’s shadow oil and financial channels as a Hormuz ceasefire deadline nears. NASA Science: NASA’s modified U-2 ER-2 is being used to study wildfire-generated storms, helping improve understanding of extreme fire weather.
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