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AGP Executive Report

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Strait of Hormuz Shock to Iraq’s Oil: Iraq’s crude exports have fallen from about 3.4 million bpd to roughly 1.5–1.7 million bpd after the Strait of Hormuz closure, with Oil Minister Basim Khudair saying Baghdad is pushing alternative routes including Port of Aqaba and the Basra–Fishkhabur pipeline under a BOT model. Kirkuk Output Plan: Iraq says Kirkuk currently produces around 320,000 bpd, with BP targeting 420,000 bpd, alongside gas expansion and a 400MW power station to cut flaring. Airline Scrutiny: Iraq’s Transport Ministry ordered investigations into Iraqi Airways finances and partnership contracts, after alleged irregularities and missing funds triggered suspensions. Anti-Corruption & Detentions: A Saladin businessman, Mohammed al-Hajaf, was arrested over suspected corruption tied to housing and investment projects. Digital Connectivity in Kurdistan: SpaceX/Starlink talks are underway with Erbil, while Iraq’s telecom regulator warns no official agents are authorized yet. Regional Diplomacy: PM Ali al-Zaidi told Macron Sept. 30 is the deadline for coalition forces withdrawal, while Iraq reiterates it won’t allow its territory to threaten neighbors.

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.

AGP Wire

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Jun. 30, 2026

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Iraq’s premier says country rejects use of territory to threaten neighbours

Iraq’s premier says country rejects use of territory to threaten neighbours

Iraq seeks alternative routes as oil exports plunge amid Strait of Hormuz closure

Iraq seeks alternative routes as oil exports plunge amid Strait of Hormuz closure


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Aug. 3, 2026

EagleNXT Names Head of Sales and Business Development for Counter-UAS

GlobeNewswire, Inc.

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Jul. 27, 2026

Chinese Consul General in Erbil Liu Jun Meets with the President of the Union of Chambers of Commerce and Industry of the Kurdistan Region of Iraq

Ministry of Foreign Affairs of the People's Republic of China

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Jul. 27, 2026

Chinese Consul General in Erbil Liu Jun Pays a Courtesy Call on the Prime Minister of the Kurdistan Regional Government of Iraq

Ministry of Foreign Affairs of the People's Republic of China

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Jul. 17, 2026

READOUT: Secretary of the Treasury Scott Bessent's Meeting with Prime Minister of the Republic of Iraq Ali Al-Zaidi

U.S. Department of the Treasury

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Jul. 10, 2026

Fertilizer trade impacted by Strait of Hormuz conflict

World Trade Organization

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Jun. 25, 2026

Economic Bulletin Issue 4, 2026

ECB - European Central Bank

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