AGP Executive Report
Last update: 4 hours agoUS-Iran Hormuz diplomacy: The US is pressing Iran for a public pledge to keep the Strait of Hormuz open and safe for shipping as high-level talks resume in Oman, with mediators (including Qatar) trying to prevent a wider regional spillover after renewed attacks. Geopolitics & energy: Oil and gas markets stay jittery as the conflict threatens supply routes; Eni warns prolonged fighting could push crude toward $100 by early 2027, while shipping disruptions raise costs for downstream users. Iran retaliation rhetoric: Iran’s new supreme leader Mojtaba Khamenei vowed revenge after his father’s killing, while Trump escalated threats of “decimation,” keeping negotiations fragile. Gulf business strain: Saudi banks reportedly blocked or delayed payments to UAE accounts since May, a sign of worsening Saudi-UAE political friction that’s starting to hit cross-border commerce. Egypt trade & energy: Egypt says agricultural exports topped 5.8m tonnes since early 2026, and its petroleum ministry inspected Shell’s Velox-1X Mediterranean drilling, underscoring continued push for offshore gas. Regional politics: Turkey is stepping up efforts to counter Israel and Iranian influence in Lebanon, aiming for a stronger diplomatic and strategic partnership with Beirut.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
