Iraq Oil & Investment: Iraq’s new oil minister says Baghdad will offer better terms for foreign firms and push oil and gas development beyond traditional producing areas, aiming to boost output, cut flaring, and improve infrastructure for exports. Central Banking & Currency: Iraq’s Central Bank denied “printing money,” saying it used treasury bill discounts for short-term liquidity after oil revenue collapse tied to Strait of Hormuz disruptions; separate reports say the money supply rose sharply to fund state spending. Fiscal Pressure: Iraq’s economy is under strain as oil exports plunge and the government leans on rapid dinar issuance to avoid payroll shocks. Anti-Corruption: Iraq’s Federal Integrity Commission flagged violations in a 4-billion-dinar Kirkuk roads project, arresting the project’s lead engineer and referring the case to court. Parliamentary Immunity: Iraq’s judiciary moved to strip an MP’s immunity over alleged $500,000 extortion tied to a residential real estate development, marking a second similar move in a week. Regional Energy Context: OPEC+ approved another July output increase, including Iraq’s share, as oil markets react to the Iran war and Hormuz-related supply risks. Infrastructure & Trade Links: Iraq confirmed ground equipment delivery for Nasiriyah International Airport ahead of opening, with plans to support tourism and freight, while Baghdad also pushes investment and private-sector ties via upcoming regional and international engagement.