AGP Executive Report
Last update: 9 hours agoTrade and sanctions: Banking sanctions have temporarily halted Iran’s exports to Pakistan, although imports from Pakistan and cross-border movement continue, a Tehran Chamber official said. Oil and shipping: CENTCOM says its blockade has blocked at least $25 billion in Iranian crude exports and frozen $350 million in crypto assets; the claims have not been independently verified. Brent settled at $109.86 a barrel as attacks and supply risks around the Strait of Hormuz mounted. Regional trade routes: A Turkmen company presented plans for a 450-kilometre highway linking its borders with Iran and Afghanistan, alongside a large logistics hub intended to expand regional transit. Global fallout: The WTO expects Middle East exports to fall 17% and imports 15% this year, warning that war-driven changes to trade routes may persist.
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