AGP Executive Report
Last update: 5 hours agoStrait of Hormuz Talks: Iran says a deal with Oman on control of the Strait of Hormuz is “very close,” but warns it still won’t fully reopen unless the U.S. “corrects its behaviour,” including lifting the naval blockade, ending sanctions, withdrawing forces, releasing frozen assets and paying war compensation; Maritime Security: the UAE accused Iran of targeting an ADNOC tanker with a missile as Oman urged all sides to avoid actions that could derail negotiations; Shipping Operations: CENTCOM said it rerouted 53 commercial vessels and disabled two ships since restrictions resumed, while JD Vance said Washington is working on a safe passage system and expects pre-conflict oil and gas flows but “we don’t trust” Iran; Oman Position: Oman’s foreign ministry called the talks “positive and constructive” and condemned repeated attacks on vessels; Energy Markets: Brent rose on uncertainty around Hormuz reopening, while reports also point to possible fee disputes (U.S. against tolls, Iran discussing service fees) that could keep traffic constrained.
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