AGP Executive Report
Last update: 10 hours agoIraq Oil Exports: Iraq is pushing to keep crude flowing despite Hormuz disruptions, securing alternative routes and activating border crossings as Prime Minister Ali al-Zaidi said exports are averaging about 2 million bpd since early August and July shipments hit around 49 million barrels. OPEC Output Push: Al-Zaidi also said Iraq aims to raise its OPEC production quota to 8–10 million bpd within six years, including talks to boost the quota via a delegation to Saudi Arabia. Trade Diversification: Baghdad is working to expand exports through Türkiye’s Ceyhan port and also develop Syria’s Baniyas and Jordan’s Aqaba routes. Anti-Corruption & Pensions: Iraq’s Integrity Commission has started auditing pensioners’ files by cross-checking National Board of Pensions data with electronic payment records to recover improper payments. Arms Under State Control: Asaib Ahl al-Haq reportedly handed over weapons (including drones without munitions) to Iraqi state authorities as part of PMF integration steps. Sanctions & Currency Talks: Iran’s parliament speaker Mohammad Bagher Ghalibaf urged Iraq and Iran to trade in national currencies to reduce reliance on the US dollar amid tougher US economic pressure. Oil Market Impact: Global prices held near recent highs as the US-Iran standoff keeps supply tight, while Iranian crude offers to China reportedly fell sharply under the US blockade.
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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