AGP Executive Report
Last update: an hour agoHormuz Shipping Risks: A tanker attack in the Persian Gulf killed one crew member, while Middle East seaborne oil exports fell in October as threats made Strait of Hormuz traffic harder to track. Oman and Iran are discussing ways to restore navigation, even as diplomatic efforts with Washington continue. Airspace and Aviation: Iraq says its airspace remains open, but a live-fire exercise will require some flights to use designated routes from Nov. 7–11. Middle East disruption and higher fuel costs also weighed on IAG’s quarterly profit. Rail and Trade: Russia and Iran agreed to provide access for engineering surveys on the 162-kilometer Rasht–Astara railway, a planned link in the International North-South Transport Corridor. Suez Canal: Revenue rose 94% year on year to $724 million in October as shipping traffic rebounded.
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