AGP Executive Report
Last update: 8 hours agoIran-US talks & oil shock: Fresh US and Iranian strikes and tougher US Iran-deal terms keep the ceasefire fragile, while crude jumps and markets price higher risk around the Strait of Hormuz—pushing Brent above $93 and lifting Shell and BP. Energy logistics pressure: Singapore’s refiners and traders are scrambling as Middle East war risks disrupt global flows, triggering volatility, contract disputes and force majeure. Markets watch the deal: DXY and crude firm as investors await clarity; Japan’s Nikkei hits fresh highs on optimism, while Europe opens cautiously. Turkey macro & industry: Turkey’s economy grows 2.5% in Q1; manufacturing nears stabilisation as PMI rises, though costs and delivery times stay stressed. Regional business moves: Elron and Rafael plan up to $300m over three years for dual-use tech deals. Saudi urban cooling: Riyadh prepares a major project to cool streets and buildings by up to 15°C. Transport megaprojects (Egypt): Egypt readies the next phase of the Cairo metro Airport Link, with stations and major investment. Tourism hit by energy costs: War-driven fuel and uncertainty are weighing on Asia’s tourism recovery, with airlines and travelers feeling the squeeze.
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
