AGP Executive Report
Last update: 12 hours agoStrait of Hormuz Standoff: Iran’s parliament speaker Mohammad Bagher Ghalibaf says the waterway will stay closed until the US lifts its blockade, unfreezes assets, removes oil sanctions and ends threats—while Trump insists there are no Iran talks planned and claims Hormuz is “open and operating,” even as a projectile reportedly struck a ship and left a crew member injured. US Pressure on Oman: Trump escalated pressure on Muscat, threatening to bomb Oman if it “gets in the way” of a Hormuz deal, as Oman and Iran work on a shipping arrangement. Regional Diplomacy: Egypt’s FM Badr Abdelatty spoke with Oman’s counterpart on keeping Hormuz open and supporting de-escalation; Qatar reiterated that a Hormuz deal could revive US-Iran talks. Saudi Maritime Security: Saudi Arabia activated a multinational maritime defence alliance, warning that repeated Iranian attacks on commercial ships are a dangerous escalation. Local Impact (Egypt): Egypt secured the release of two sailors detained in Iran and arranged their return. Turkey-EU: Erdoğan said EU membership is no longer a priority for Ankara. Markets: Oil prices pushed above $90 as ceasefire hopes faded and Hormuz traffic stayed limited.
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