AGP Executive Report
Last update: 9 hours agoUS-Iraq Exit: The U.S.-led coalition formally ended its Iraq mission as troops completed withdrawal, with Baghdad declaring “Sovereignty Days” from Sept. 30 to Oct. 3; the Pentagon said Operation Inherent Resolve is over, shifting security toward Iraqi-led control. Kurdistan Security: Erbil’s leaders praised coordination with Baghdad but warned of an air-defense gap as coalition forces leave; drones struck Azadi Camp in Koya days before the pullout, underscoring the risk. Armed Factions vs State Control: Some Iraqi groups hailed the exit while others rejected any weapons handover and threatened action, pushing for modern air defenses and state control over oil revenues. Oil & Trade Signals: SOMO offered deeper October discounts on Basrah crude (up to $34.50 for Basrah Medium and $37 for Basrah Heavy), while Gulf markets fell on renewed Middle East uncertainty. Iraq-Turkiye Commerce: Iraq ranked as Turkiye’s fourth-largest export destination in August, buying $1.079bn. Payments & Industry: Iraq’s push for infrastructure and investment continues, including plans around data centers and new logistics deals, as regional geopolitics reshape business planning.
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