AGP Executive Report
Last update: 7 hours agoMiddle East Escalation: The US launched strikes on more than 80 Iranian targets after attacks on three commercial vessels in the Strait of Hormuz, then revoked a waiver allowing Iran to sell oil; Iran retaliated by claiming missile and drone strikes on US-linked sites in Bahrain and Kuwait, with sirens reported and Kuwait air defences responding. Markets & Energy: Oil jumped to around $76–$77 a barrel as Gulf stocks slipped and bond yields rose on renewed ceasefire doubts. Diplomacy & Security: EU foreign policy chief Kaja Kallas condemned the attacks on Bahrain and Kuwait and said EU ministers will meet Gulf neighbors to push de-escalation and protect navigation through Hormuz and the Red Sea. Kuwait Business Finance: Kuwait Investment Company’s German real-estate unit Wisaly secured a €23m, five-year loan to fund investment opportunities. Local Policy: Kuwait’s finance ministry reported a wider FY2025-2026 deficit of $23.09bn, while Kuwait also moved to boost anti-money laundering efforts and tighten controls on surveillance recordings.
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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