AGP Executive Report
Last update: 8 hours agoOman-Japan Diplomacy: Sayyid Badr Al Busaidi met Japan’s FM Toshimitsu Motegi in Muscat, urging a political solution to de-escalate regional tensions and stressing freedom of navigation through the Strait of Hormuz under international law, while also pushing deeper economic ties and Japan-GCC free trade talks. US-Iran “Economic D-Day” Pressure: Iran’s FM Abbas Araghchi dismissed Donald Trump’s new “economic warfare” campaign as “failed policies,” warning it will only bring more defeat, as Trump vowed “tremendous economic consequences” for any country offering Iran a “lifeline.” Hormuz Shipping Reality Check: Multiple reports say the US has secured a protected southern corridor near Oman, moving about 10 million barrels a day with 15–20 tankers nightly, even as traffic remains fragile and contested. Oman Business Governance: OCCI warned firms against unofficial social media surveys and opinion polls that claim a link to the Chamber. Aviation Leadership: Oman Air named Nasser Al Sharji as CEO effective 1 September 2026, while SalamAir also announced a new CEO. Labour Enforcement: Oman’s Ministry of Labour fined violators over OMR3.2 million and deported 2,944 workers after nationwide inspections. Regional Maritime Security: UKMTO said armed men seized an oil tanker off Yemen and diverted it toward Somalia. Port Performance: SOHAR Port and Freezone reported 52% cargo throughput growth to 52 million tonnes in H1 2026.
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