AGP Executive Report
Last update: 8 hours agoRed Sea De-Escalation: Oman urged all sides to avoid escalation in the Red Sea, saying it is coordinating with Saudi Arabia, Yemeni parties and the UN envoy to restart the political track and roadmap for Yemen. Diplomacy Track: Foreign Minister Sayyid Badr bin Hamad Al Busaidi met Pakistan’s Ishaq Dar on the ASEAN sidelines, with both calling to uphold the US-Iran ceasefire and respect international law. Government Digital Push: Oman hit 75% on the UN ESCWA GEMS maturity index for 2025, up from 72% in 2024, covering 27 institutions and 93 services. Regional Security Spillover: Houthis claimed attacks on two Saudi tankers in the Red Sea as US-Iran strikes continued, raising fears of wider shipping disruption. Energy Pressure: Oil prices rose for a fifth day amid Strait of Hormuz and Bab el-Mandeb risks, with Brent nearing six-week highs. Oman in the Gulf Energy Shift: Gulf states accelerated plans for pipelines and alternative routes to reduce reliance on Hormuz, with Oman closely monitoring developments. International Cooperation: Oman’s aviation and energy ties also featured in diplomacy, including an Oman-Pakistan meeting and a Chinese EPC deal for a 500MW solar project in Al Kamil.
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