AGP Executive Report
Last update: 7 hours agoFuneral Diplomacy in Iraq-Iran Ties: Iran’s multi-city mourning for slain Supreme Leader Ali Khamenei moved into Qom for a fourth day, with ceremonies set to cross into Iraq on Wednesday for rites in Najaf and Karbala, while Iranian President Masoud Pezeshkian leads the official delegation and Iraq’s PM Ali al-Zaidi is set to receive the body at Najaf International Airport. Anti-Corruption Crackdown: Iraq’s Commission of Integrity arrested two electricity officials in Al-Diwaniyah over bribery tied to securing government posts, as the Dawn Crackdown expands. Central Bank Move: Iraq’s Central Bank cut the traveler foreign-currency allowance from $3,000 to $2,000 per trip, directing extra needs to electronic cards at the official exchange rate. Energy & Investment: Iraq’s Basra Oil Company and Halliburton signed a five-year integrated management deal for Bin Omar and Sindbad fields, and KEPPT hired J.P. Morgan to arrange $1.6bn financing for a Basra urea plant. Regional Security & Shipping: A ship was hit in the Strait of Hormuz as Iran warned no peace talks unless Trump halts threats, underscoring ongoing risks to Gulf energy routes.
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