AGP Executive Report
Last update: 3 hours agoSaudi-Iraq Tensions: Iraq says it has found suspected drone launch sites tied to the Saudi pipeline attack and is probing the incident as it temporarily closed Iran border crossings; a lawmaker also claims Prime Minister Ali Al-Zaidi averted planned US-Saudi strikes. Energy Shock: Oil prices jumped as Saudi Arabia shut its East-West pipeline for weeks after drone damage, while Houthi attacks and alerts hit cities including Mecca and Taif, raising fears for Red Sea and Hormuz shipping. Pentagon Watchdog: A US inspector general report says Iran strikes damaged hundreds of US base structures across eight countries and drove munitions shortfalls, with war costs reaching about $33.4 billion by June 29. Iraq Economy & Services: Iraq launched its first university mental health guide, while Diyala reported fuel shortages easing next week and Baghdad markets saw the dollar around 157,000 dinars per $100. Deals & Trade: Iraq and France signed defense and energy agreements; TotalEnergies is seeking a stake in a $15B Iraq-to-Mediterranean pipeline project, and Iraq explores LNG imports via TotalEnergies. Kurdistan Politics: The New Generation Movement says it will not join the next KRG government despite an alliance with the PUK.
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