AGP Executive Report
Last update: 5 hours agoHormuz Deal Push: Iran says the Strait of Hormuz could reopen in seven days and US nuclear talks restart if Washington lifts its naval blockade, eases oil sanctions and agrees to a Lebanon-including ceasefire—while the White House calls talks “positive and constructive.” Aviation Sanctions Hit Gulf Routes: Iraq’s Najaf airport suspended all flights to and from Iran, joining other Gulf curbs; meanwhile Iranian airlines still operate to Armenia, Russia, China and Türkiye despite US aviation sanctions. Red Sea Security: UN Security Council condemned Houthi attacks on Saudi Arabia, as Saudi intercepts missiles and France moves to protect Red Sea oil infrastructure. Regional Defense Talks: Saudi, Turkey and Pakistan military chiefs plan urgent meetings to coordinate support for Riyadh under the Mecca defense pact; Erdogan says the pact isn’t aimed at Iran or Israel. Oil & Transport Costs: Oil prices eased on truce hopes but remain sensitive to attacks; diesel costs are near record highs in the UK, and Portugal saw truckers and commuters protest fuel spikes tied to the Iran war. UN Settlement Pressure: UN human rights office added 61 companies to its West Bank settlements blacklist, including firms in transport and logistics sectors. Iraq Logistics Ambition: Iraq’s PM told UNGA Baghdad wants to become an energy hub and expand transport corridors, including the Development Road linking Grand Faw Port to Türkiye and beyond.
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