AGP Executive Report
Last update: 8 hours agoIraq–Energy Deals: Iraq’s Oil Minister Basim Mohammed Khudair says Baghdad discussed four major energy projects with French companies in Paris during PM Ali al-Zaidi’s visit, including Artawi field development (210,000 bpd), gas capture (600 mcf/d in two phases), seawater injection for reservoir pressure, and a 1,000MW solar project. Oil Market Shock: Brent and WTI climbed after drone attacks forced Saudi Arabia to shut its East-West pipeline, with repairs expected to take weeks and fears growing over Red Sea and Hormuz disruptions. Iraq–Trade & Infrastructure: Diwaniyah signed an MoU with China CAMC Engineering to build a new airport plus a free trade zone, aiming to boost logistics and investment in south-central Iraq. Basra Refining Labor Tension: Former FCC project workers in Basra blocked roads and entrances, demanding permanent Oil Ministry contracts after years on temporary roles, escalating pressure on the state and the refinery operator. Defense & Finance Spillover: A Pentagon watchdog report put the US Iran-war cost at $33.4bn through June, while also flagging ammunition and industrial bottlenecks—adding another layer of uncertainty for regional security and business planning.
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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