AGP Executive Report
Last update: 7 hours agoStrait of Hormuz Diplomacy: Iran’s parliament speaker Mohammad Bagher Ghalibaf says the Strait of Hormuz “will never return” to pre-war conditions and will be administered by Tehran, while the US and Iran push a 60-day roadmap that includes a hotline and a mechanism to keep shipping safe. Oman-Iran Talks: In Muscat, Oman’s foreign minister met Iran’s Ghalibaf and Abbas Araghchi, focusing on toll-free, safe passage, as Iran’s chief negotiator also arrived in Oman to discuss new Hormuz management arrangements. US Sanctions Shift: The US temporarily lifted oil sanctions on Iran for 60 days, a move tied to “productive” talks, as shipping slowly resumes and oil prices react. Regional Outreach: US Secretary of State Marco Rubio is set to brief Gulf allies on the Iran deal, including UAE, Kuwait and Bahrain, amid concerns about missile limits and regional influence. Oman Aviation & Environment: Oman’s CAA launches an Advanced Air Mobility Forum to map next-gen aviation rules, while the Environment Authority unveils Desertification Strategy 2040. Duqm Power Deal: Doosan Enerbility wins a ~$350mn EPC contract for a 870MW Duqm combined-cycle plant, targeting completion in 2029.
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