AGP Executive Report
Last update: an hour agoGulf Shipping Under Strain: The Strait of Hormuz remains effectively blocked as US-Iran strikes enter a seventh straight day, with the IEA warning global energy security is at risk if oil flows don’t improve in weeks. Military Escalation: The US says two service members were killed in Jordan and another is missing after Iranian missile and drone attacks, while Iran vows “unforgettable lessons” after renewed infrastructure targeting. Water Security Shock: Kuwait reported damage to power and desalination facilities after Iranian strikes, underlining how fragile Gulf drinking-water systems are during the conflict. Diplomacy Turning Sour: Iran says the Islamabad MoU is dead and rejects any US “parallel” corridor in Hormuz, while India’s MEA says the Chabahar terminal is undamaged despite US claims of a surveillance tower hit. Oman Business & Industry: Oman’s Haima–Thumrait road dualisation project reached about 24% completion, and Dhofar’s khareef season is boosting tropical fruit farming and tourism. Maritime Risk for Oman: A sanctioned Russian shadow-fleet tanker is reportedly leaking oil near Oman’s coast, raising environmental and compliance concerns. Finance Watch: Oman’s Social Security Investment Fund assets rose to about JD19.7bn in H1 2026, up JD1bn.
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