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Iraqi Prime Minister Ali al-Zaidi visited Turkish President Recep Tayyip Erdoğan in Ankara on July 29, signing five cooperation agreements and discussing a plan for Iraq to supply Turkey with up to one million barrels of oil a day; Turkey's state oil company TPAO has taken a 15% equity stake in the Kirkuk oil field alongside BP, ending the terms of the 1973 Iraq-Turkey pipeline deal; the shift is driven by Turkey's need to reduce dependence on Gulf routes disrupted by the Iran-US war
The Quiet Shift ·4 takes ·Jul 30
Iran's Revolutionary Guard Corps launched at least four ballistic missiles at a US military facility in Jordan on the night of July 28-29; the US military said it intercepted the missiles; US and Saudi Arabia simultaneously struck Iran-backed militia headquarters in Iraq, killing at least 20 including six Iranian advisers, the first time Saudi Arabia has joined US offensive action in Iraq in this conflict; Iraq's government protested; Iran rejected Oman's Strait of Hormuz proposals and struck three ships in the waterway
How Wars Actually End ·59 takes ·Jul 31
Israel's military intercepted two drones near the Jordan border on July 27 and said the UAVs did not cross into Israeli territory; Israeli officials believed the drones were fired from Iraq; separately, Saudi Arabia intercepted drones launched from Iraq by Iran-backed militias, while Iran's foreign minister held talks on Strait of Hormuz security with Saudi and Omani counterparts
How Wars Actually End ·8 takes ·Jul 29
Iraq's Central Anti-Corruption Court announced on July 26 the seizure of 27 billion Iraqi dinars (roughly US$20 million) linked to an oil ministry corruption investigation involving official Adnan al-Jumaili; a court statement said the funds were recovered through 'precise monitoring' of financial proceeds allegedly generated through waste in ministry projects, and that investigations would continue to 'reach all those involved'
Whose Money ·4 takes ·Jul 28
Iran rejected a US ceasefire proposal on July 24 that Iraq's Prime Minister Ali al-Zaidi had carried to Tehran from Washington; Iranian officials said the proposal fails to address the question of control over the Strait of Hormuz, as US strikes continued for a 13th consecutive night and Trump threatened the largest bombardment yet if Iran refuses to negotiate
How Wars Actually End ·20 takes ·Jul 28
Iraqi Prime Minister Ali al-Zaidi traveled to Tehran on July 23 for his first official visit to Iran since taking office, holding expanded talks with senior Iranian officials, signing four cooperation documents, and publicly stating Iraq will not allow its territory to be used to threaten Iran; the trip followed al-Zaidi's July 14 meeting with US President Trump in Washington
How Wars Actually End ·14 takes ·Jul 24
The Vienna-based cartel of 22 oil-producing nations that coordinates roughly 59% of global crude supply, setting production quotas that move world oil prices.
·3 takes ·Jul 3

The briefing, by email