AGP Executive Report
Last update: 9 hours agoStrait of Hormuz Standoff: Iran’s top negotiator Mohammad Bagher Ghalibaf says the waterway stays shut until the US meets June memorandum demands, including lifting the blockade, oil sanctions, and unfreezing assets—while Trump insists Iran won’t get a deal unless it accepts terms on nuclear limits. Oman Under Threat: Trump escalated pressure on Muscat, warning he’ll bomb Oman if it “gets in the way” of a Strait of Hormuz arrangement, as Iran and Oman work on a transit-route map. Talks Deadlock: The 60-day US-Iran window ended without an agreement, with Jared Kushner saying Tehran shows “no interest” in a deal the US can accept. Kurdistan Drone Fallout: Iran’s Abbas Araghchi condemned a drone attack on Iraq’s Kurdistan PM Masrour Barzani’s office as a “false-flag” plot to sow discord. Russia-Iran Resupply: Reports say Russia is shipping explosives, ammunition, and drone parts across the Caspian Sea to replenish Iran’s depleted stocks. Markets & Cost Pressure: Oil pushed above $91 as Hormuz risk returns; bond yields jumped on both sides of the Atlantic on inflation fears tied to the stalled conflict.
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