AGP Executive Report
Last update: 6 hours agoHormuz Oil Flows: US Energy Secretary Chris Wright said oil flows from the Gulf have rebounded to about 15 million barrels per day, with the Strait of Hormuz seven-day average nearing 9 million bpd, as upgraded pipelines and export facilities add another 5–7 million bpd. Shipping Risk: Fresh attacks in the Gulf of Oman and near the Red Sea (including a suspected Houthi strike that killed four crew members) are keeping pressure on global trade routes and oil prices. US-Iran Truce Update: Pakistan-mediated talks continue as the US and Iran reportedly agree to extend a 60-day ceasefire under the Islamabad MoU beyond Aug. 17, though the exact length is still being negotiated. Iran’s Conditions: Tehran reiterated the Strait will stay closed unless Washington accepts its demands, including ending the blockade, releasing frozen assets, and broader regional ceasefires. Kuwait Tech & Education: Kuwait’s ambassador to South Korea highlighted AI-focused university cooperation via KFAS STEAM, aiming to build national cadres. Local Policy: Kuwait’s Cabinet approved a draft law regulating drones and light aircraft, setting licensing and penalties under the Civil Aviation authority. Fintech in the Gulf: stc pay launched “Secure Approve” in Bahrain, shifting online card authentication from OTPs to in-app approval. Kuwait-Indonesia Trade: Indonesia’s ambassador said bilateral trade rose to $606m in 2025 and discussed energy forum plans and GCC trade talks.
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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