AGP Executive Report
Last update: 12 hours agoStrait of Hormuz, Oman’s role: The US has quietly set up a covert shipping corridor through the Strait of Hormuz, moving about 10 million barrels of oil a day via a southern channel along Oman’s coast, with 15–20 tankers transiting nightly—an effort to keep Gulf supplies flowing even as fears of attacks persist. Gulf pressure on Iran: The UAE halted all trade and financial transactions with Iran after accusing Tehran of launching ballistic missiles toward its territory; Iran denies the claim, raising the odds of more tit-for-tat pressure. US-Iran brinkmanship: Trump again framed the Strait as “new US territory” and said the US is not in talks with Iran, while markets react to the risk of escalation. Oman domestic governance: Oman’s Income Tax Authority has begun nationwide verification of questionable international remittances, signaling tighter scrutiny of cross-border flows. Local economy & services: Sohar Port and Freezone reported a major jump in cargo throughput, reinforcing Oman’s logistics push. Health & infrastructure: Oman’s Health Minister visited the new Sultan Qaboos Hospital project in Salalah as construction advances.
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