AGP Executive Report
Last update: 10 hours agoMiddle East Energy Diplomacy: US President Donald Trump says he will hold off on new strikes against Iran, claiming allies have reached “broad outlines” for a deal that includes the immediate, complete and total reopening of the Strait of Hormuz and an end to Iran’s nuclear threat—though Iran has denied being the one to request the pause. Regional Security & Travel: US embassies across the Middle East, including Oman, urged Americans to consider departing or be ready to leave due to possible “unforeseen escalation,” with warnings of flight cancellations and airspace closures. Shipping Risk for Oman: A new study warns that stalled vessels around Hormuz could become “super-spreaders” for invasive marine species once traffic resumes, raising biosecurity concerns for ports across the world. OPEC+ Oil Outlook: OPEC+ is set to approve a September quota increase of about 188,000 bpd after unwinding voluntary cuts, with Oman among the core members. Oman Business & Trade: The Al Jabal Al Akhdar Festival drew over 100,000 visitors by end of July, boosting SMEs and local farmers; meanwhile, the 9th Omani-Bahraini Products Exhibition opened in Salalah to strengthen SME trade links.
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