AGP Executive Report
Last update: 2 hours agoStrait of Hormuz & Saudi Energy Shock: Fresh strikes in the Persian Gulf and a projectile hit in the Strait of Hormuz are stoking oil-supply fears after Saudi Arabia shut its East-West pipeline following drone attacks traced to Iraqi territory, with Brent jumping more than $3 and markets bracing for higher prices. Iraq Borders With Iran: Iraq has started a phased reopening of three crossings (passengers at al-Sheeb and Shalamcheh from 6 a.m. Sunday; Shalamcheh trade Monday; Mandali Tuesday; al-Sheeb Thursday) after temporary closures tied to the Saudi pipeline probe. Diplomacy Over Hormuz: Iran says Hormuz reopening depends on U.S. conditions, while Iran and Gulf states are set to meet in Oman; Bahrain says it won’t attend. Security & Accountability: Iraq’s CTS arrested three terrorism suspects; an ISIS senior leader was detained in Kirkuk; and Iraq dismissed Maysan security officials after the Saudi pipeline attack was linked to the province. Politics & Courts: A court upheld prison sentences for an MP convicted of extortion. Local Life: Basra saw a deadly ammonia gas leak at a fertilizer plant; Duhok drivers faced hours-long waits for subsidized fuel. Business: Iraq signed a consultancy deal with Chevron for work tied to West Qurna-2.
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