AGP Executive Report
Last update: 6 hours agoIraq-Syria energy ties: Iraq is accelerating the Basra–Haditha crude oil pipeline, a 600+ km project aimed at boosting domestic refining and creating export links via Jordan, Syria and Türkiye, with work on steel plates and shipments reviewed through talks in Germany. US policy shock with Syria links: A U.S. judge granted bail to an Iranian-born engineer accused of helping procure drone navigation tech used in a 2024 strike on a U.S. base in Jordan near the Syrian border. Macro pressure from the Iran war: The World Bank cut its global growth forecast to 2.5% for 2026, warning that higher energy prices and inflation from the Iran conflict will hit developing economies hardest, while pledging up to $60bn in immediate support. Displacement reality check: UNHCR says forced displacement fell for the first time in a decade to 117.8m in 2025, but returns— including to Syria—are often under pressure and long-term exile remains the norm. Regional connectivity push: Türkiye and Saudi Arabia signed transport MoUs to revive the Hejaz Railway, a corridor that would run through Syria and could lower trade costs by linking Gulf routes to Europe.
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