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AGP Executive Report

Last update: 12 hours ago

US-Iran Escalation: The US carried out its 13th straight night of strikes on Iran, targeting command centers, drone storage, communications and coastal surveillance, as Bahrain sounded air-raid sirens and Gulf states stayed on alert. Red Sea Shock to Oil Flows: Iran-backed Houthis attacked two Saudi oil tankers in the Red Sea, raising fears of wider disruption beyond the Strait of Hormuz and pushing Brent back above $100. Frozen-Assets Flashpoint: Trump said any ship or cargo damage in the Strait of Hormuz would be paid using Iranian funds held by the US; Iran’s FM Abbas Araghchi called it an “incendiary precedent,” warning no assets would be safe if confiscation becomes normal. Iran’s Houthi Support: Reuters reports Iran flew IRGC commanders and missile/drone equipment into Yemen to train and bolster Houthi operations. Market Spillovers: Oil-led inflation fears hit equities from Europe to Asia, while Japan’s core inflation rose on higher imported energy costs tied to Hormuz disruption. Energy Trade Moves: ADNOC kept crude tenders running despite the turmoil, while traders weigh whether shuttle exports can keep working if attacks spread. Regional Diplomacy: China and ASEAN urged an immediate end to the Middle East conflict and stronger energy cooperation. Grid Stability (Philippines): Meralco kept buying gas-fired power beyond an expired deal under DOE guidance to avoid Luzon supply shortages, even as costs rise.

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.

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Oil soars to $100 a barrel as Middle East violence escalates

Oil soars to $100 a barrel as Middle East violence escalates

Which airlines have suspended or cancelled Middle East flights?

Which airlines have suspended or cancelled Middle East flights?

Kenya calls for global action to end Middle East crisis amid Red Sea ship attacks

Kenya calls for global action to end Middle East crisis amid Red Sea ship attacks


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6 hours ago

Wang Yi Meets with Egyptian Foreign Minister Badr Abdelatty

Ministry of Foreign Affairs of the People's Republic of China

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13 hours ago

Gas Turbine Market to Reach USD 50.20 Billion by 2035, Growing at 3.80% CAGR

EIN Presswire

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18 hours ago

ASEAN-China Foreign Ministers’ Joint Statement on Addressing the Regional Impacts of Developments in the Middle East and Strengthening Regional Energy Cooperation

Ministry of Foreign Affairs of the People's Republic of China

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12 hours ago

Distributed Energy Resource Management System Market to Reach USD 7.04 Billion by 2035 at 16.5% CAGR.

EIN Presswire

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13 hours ago

Battery Energy Storage Systems Market Set for Robust 15.8% CAGR Amid Renewable Energy Integration

EIN Presswire

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17 hours ago

Top Gas Station Vapor Recovery Equipment Manufacturer Advances Clean Fuel Handling Technologies Worldwide

EIN Presswire

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