AGP Executive Report
Last update: an hour agoOman Industry & Research: Oman’s Research and Innovation Authority (RIA) and OQ Global Investment Group signed an MoC to run joint industrial research, link labs to market needs, and turn innovation into commercial outputs. Energy & Shipping Security: A coalition of 80 countries urged the “urgent and full reopening” of the Strait of Hormuz, warning Iran’s actions and renewed Houthi attacks are disrupting trade and energy flows, with Oman-linked incidents cited. Oman-Related Diplomacy: Iran says it has a plan—via Oman—for reopening Hormuz within days, but conditions hinge on US sanctions relief and blockade changes, while talks remain uncertain. Aviation Sanctions Impacting Oman: New US sanctions led the UAE to suspend Iranian airline flights, with reports also pointing to service curbs affecting Oman routes. Gulf Infrastructure & Logistics: Kuwait and Oman discussed road-building expertise exchange, while the UAE launched a freight rail link from Fujairah to Abu Dhabi to help goods bypass Hormuz disruptions. Steel Snapshot: World crude steel output fell 1.2% in August, with the Middle East down 4.6% and Oman included among reporting countries.
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