AGP Executive Report
Last update: 5 hours agoOman–Japan Diplomacy: Oman’s FM Sayyid Badr Al Busaidi met Japan’s Toshimitsu Motegi in Muscat, urging a political solution to de-escalate regional tensions and pushing for freedom of navigation through the Strait of Hormuz under international law, while also highlighting energy, renewables, logistics and GCC-Japan free trade talks. Hormuz Energy Shock: Oil prices jumped to a three-week high as the US-Iran standoff dragged on and the UAE moved to sever financial and economic ties with Iran, tightening supply; meanwhile, reports say the US is running covert missions to keep a southern Hormuz corridor moving about 10 million barrels a day. US “Economic D-Day” vs Iran: Iran’s FM Abbas Araghchi dismissed Trump’s “economic warfare and isolation” threats as failed policy, as Trump warned any country providing a “lifeline” to Iran could face severe consequences. Oman Business & Compliance: Oman’s Labour Ministry fined OMR3.2m and deported 2,944 workers after nationwide inspections, while the Oman Chamber warned businesses against unofficial social media surveys. Aviation Leadership: Oman Air named Nasser Al Sharji as CEO effective 1 September 2026. Trade & Logistics: SOHAR Port and Freezone reported 52% cargo throughput growth to 52m tonnes in H1 2026.
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