AGP Executive Report
Last update: 9 hours agoIraq Economy Outlook: The EBRD cut its 2026 growth forecast for Iraq by 5.1 points, projecting a contraction of 1.5% as the Middle East war lifts energy costs and disrupts supply chains. Oil & Trade Routes: With Strait of Hormuz risk in focus, Iraq is also moving to expand crude exports via the Ceyhan pipeline, aiming to triple shipments as regional shipping faces pressure. Anti-Corruption Crackdown: Iraq’s judiciary confirmed the detention of Deputy Oil Minister for Refining Affairs Adnan Al Jumaili, citing corruption charges; authorities seized about $10m in cash, billions in assets, and properties tied to refinery contract allegations. Armed Groups & State Control: Iran-backed militias Asaib Ahl al-Haq and Imam Ali Brigades said they are disengaging from the PMF and moving weapons under state control, following calls from Grand Ayatollah Ali al-Sistani. Regional Security Spillover: Reports said Iranian missiles struck a Kurdish separatist base in Erbil, underscoring how Iraq’s northern security remains fragile amid the wider Iran-US confrontation.
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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