AGP Executive Report
Last update: 8 hours agoUS-Iran Gulf Fallout: The US is weighing a major shift in how it handles frozen Iranian funds, with Treasury Secretary Scott Bessent directing an assessment of Gulf damage costs and exploring whether Iranian assets can be redirected to pay for reconstruction and repairs—both future and already incurred—amid renewed drone and missile exchanges that are again testing the fragile ceasefire. Kuwait Security & Airspace: Kuwait reported intercepting seven ballistic missiles and multiple drones over residential areas early Saturday, with debris causing material damage; airspace was briefly closed and flights diverted before reopening. Strait of Hormuz Risk: Analysts warn that a prolonged Hormuz disruption could deepen trade and energy turmoil, with OPEC+ meeting as oil supply fears persist. Market & Corporate Watch: Boursa Kuwait released its fifth standalone Sustainability Report, while Kuwait’s KNET said it is upgrading digital payments and enhancing its payment gateway security.
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