AGP Executive Report
Last update: 9 hours agoUS-Iran Escalation: The US carried out a 12th straight night of strikes on Iran, aiming to curb attacks on mariners and commercial vessels as Trump vowed to destroy one bridge or power plant for every Iranian ship attack in the Strait of Hormuz, while Iran warns it will retaliate and target regional energy and economic infrastructure. Red Sea Shock: Iran-aligned Houthis claimed they struck two Saudi oil tankers and imposed a naval blockade, raising fears of a second chokepoint alongside Hormuz and pushing Brent near $100. Markets & FX: Investors weighed safe havens as oil-driven inflation worries returned; the dollar held firm while gold cooled after a two-week high. Aviation & Trade Links: Iraq introduced temporary air routes between Baghdad and Tehran FIRs to improve traffic flow, and Iran’s president reiterated “unbreakable” ties with Iraq ahead of a high-level visit. Diplomacy Under Strain: UN experts said the renewed hostilities violate a recent US-Iran memorandum, deepening civilian suffering. Business Hit: EasyJet reported a 70% profit plunge, blaming Iran-war fuel costs and weaker bookings. Regional Politics: Jordanian figures demanded Amman end its US security deal, warning escalation could damage sovereignty and the economy.
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