GeopoliticsJuly 24 at 09:24 AM

Iraqi sources announced the evacuation of a US military unit from Baghdad's Green Zone and their transfer to Erbil, reports Mizan

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US troop relocation to Erbil underscores a strategic pivot to secure northern Iraqi oil routes amid the ongoing Hormuz blockade and escalating regional drone threats.

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Geopolitics

Iraqi sources announced the evacuation of a US military unit from Baghdad's Green Zone and their transfer to Erbil, reports Mizan

What do investors think?

Today's market highlights

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Only 'one or two issues' remain unresolved in Iran-Oman talks, a senior diplomatic source tells Al Jazeera