AGP Executive Report
Last update: 5 hours agoIraq Cash Crunch: Iraq may struggle to pay this month’s public-sector salaries as oil revenue is squeezed by Strait of Hormuz disruptions, with officials reportedly weighing borrowing over 3 trillion dinars from local private banks to keep payroll moving. Basra Oil Exports: Three tankers docked at Basra to load Iraqi crude, underscoring how quickly export logistics can swing revenue when shipping routes tighten. CBI Liquidity Support: The US Federal Reserve reportedly sent a $500m cash shipment to Iraq’s central bank for traveler transactions and external remittances. Anti-Corruption Drive: Iraq’s Integrity Commission escalated probes in Al-Diwaniyah, suspending three senior health officials over alleged irregularities in a government vehicle auction. KRG Energy Dispute: The Kurdistan Regional Government accused Dana Gas and Crescent Petroleum of starting gas supplies to Iraq’s electricity ministry from Khor Mor without Erbil’s consent. Regional Security Pressure: Saudi Arabia warned of imminent coordinated attacks by Iraqi militias and Yemen’s Houthis under IRGC supervision, raising the risk premium for Gulf trade and energy. Turkey-Iraq Oil Route: Ankara and Baghdad signed a one-year crude oil transport deal allocating 750,000 bpd via the Silopi–Ceyhan pipeline to protect exports amid Hormuz uncertainty.
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