AGP Executive Report
Last update: 6 hours agoGulf Escalation: The US launched new airstrikes on Iran, with Tehran retaliating by hitting US-allied countries including Bahrain, Kuwait and Qatar, further endangering a fragile interim deal. Strait of Hormuz: Iran announced it has closed the Strait of Hormuz after a missile strike on a vessel it accused of unauthorized passage, while CENTCOM says commercial traffic continues. US Strike Update: CENTCOM says it completed a third round of strikes, hitting about 140 targets Saturday and more than 300 this week. Regional Fallout: Qatar reported injuries from interception debris as sirens sounded across the region. Politics & Shockwaves: Israel and US allies mourn Sen. Lindsey Graham, a longtime Iran hawk and staunch Israel supporter, who died at 71. Economy & Markets: The IMF downgraded global growth again to 3% for 2026, citing persistent Iran-war risks; oil and shipping fears keep pressure on prices and inflation expectations. Energy Costs: Nigeria’s petrol depots raised prices amid Middle East-driven crude uncertainty. Diplomacy: Pakistan and Saudi Arabia urged restraint as mediators try to prevent the Hormuz crisis from spiraling.
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