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Strait of Hormuz Pressure: Iraq is accelerating plans for an oil pipeline to Mediterranean ports in Türkiye and Syria as the Strait of Hormuz blockade disrupts exports, with a Basra–Kirkuk to Ceyhan/Baniyas feasibility study underway and possible extension to Aqaba. Gulf Energy Infrastructure Under Fire: Kuwait says Iran has hit electricity, water and renewable energy facilities, causing fires and “severe damage,” while Iran also claims U.S. strikes targeted the under-construction Darkhovin nuclear power plant. Shipping Control Claims: Iran’s IRGC says it has “full control” of the Strait and warns no oil or LNG tanker will pass without permission, after reporting incidents involving U.S.-backed vessels. Nuclear Watch: The IAEA is investigating the Darkhovin attack reports and says the site is in early construction with no nuclear material on its last visit, urging restraint near nuclear sites. Market Fallout: Analysts link renewed U.S.-Iran fighting to higher oil prices and fuel-price anxiety, while investors weigh inflation relief against energy-driven inflation risks. Regional Ripple Effects: Iraq’s parliament finance committee says Hormuz closure has cut export levels and pushed the government toward domestic and foreign borrowing to cover salary and spending needs.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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6 hours ago

SkyLink advances precision positioning platform in Saudi Arabia

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Jul. 18, 2026

Mohnish Suri’s Iran-U.S. forecast gains attention after renewed tensions

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Jul. 17, 2026

Gas chromatography market seen reaching $7.81 billion by 2035

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Jul. 17, 2026

High energy cyclotron market seen reaching $1.63 billion by 2030

AGP


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Middle East conflict puts July rate decision under pressure as inflation risks mount

Middle East conflict puts July rate decision under pressure as inflation risks mount

US attacked under-construction Darkhovin nuclear power plant, says Iran's Atomic Energy Organisation

US attacked under-construction Darkhovin nuclear power plant, says Iran's Atomic Energy Organisation


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Jul. 18, 2026

Astrologer Mohnish Suri's Earlier Iran-U.S. Forecast Draws Attention After Renewed Middle East Escalation

EIN Presswire

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Jul. 17, 2026

Energy Drinks Market to Reach USD 153.90 Billion by 2035, Growing at 6.30% CAGR

EIN Presswire

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Jul. 17, 2026

Gas Chromatography Market to reach USD 7.81 Billion by 2035 at 5.6% CAGR

EIN Presswire

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Jul. 16, 2026

Changan Automobile Inaugurates First Showroom in Ethiopia, Deepening Middle East and Africa Market Presence

GlobeNewswire, Inc.

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Jul. 17, 2026

Comprehensive High Energy Cyclotron Market Report Covers Forecasts, Innovations And Industry Outlook

EIN Presswire

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Jul. 17, 2026

Palm Oil Market to Surpass USD 112.91 Billion by 2033, Expanding at 5.9% CAGR | 2026–2033 Forecast

EIN Presswire

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