AGP Executive Report
Last update: 9 hours agoStrait of Hormuz Diplomacy: Iran says it is finalising with Oman a temporary “safe route” for tanker traffic, likely to be registered with the IMO within days, while Muscat has not publicly confirmed details. Maritime Escalation: Iran also plans a new Gulf “exclusion/restricted zone” tied to the US naval blockade line, warning ships that enter without coordination could be blacklisted and hit with sanctions. Military Developments: US CENTCOM says it struck three Iranian oil tankers after IRGC ballistic missile attacks on US warships; Iran counters with claims of further hits and warns it can target blockade-enforcing vessels. Oman’s Security Stakes: An IRGC Navy official says Oman’s Khasab is the boundary of “vessel immunity,” warning the US-linked corridor south of the strait is not safe. Energy Markets: Brent stays near $97 as traders price in prolonged disruption risk; analysts at Goldman/Rystad flag potential upside if the US-Iran conflict drags on. Regional Ties: Sultan Haitham hosts Rwanda President Paul Kagame in Muscat, with talks on mining, renewables, logistics and healthcare.
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