AGP Executive Report
Last update: 9 hours agoCeasefire Crossroads: Israel and Lebanon agreed to implement a ceasefire, but Hezbollah immediately rejected the terms, saying resistance will continue unless Israel withdraws—casting fresh doubt on US efforts to broker a wider Iran deal. Kuwait Under Strain: Iran-linked attacks hit Kuwait International Airport, damaging terminals and injuring dozens, while the US and Iran trade strikes near the Strait of Hormuz—keeping energy and security nerves high. Oil & Markets: Oil prices slid on hopes of easing tensions, even as Kuwait’s oil sector signaled a recovery to 70% capacity within 6–8 weeks after Hormuz reopening. US Politics, Gulf Risk: The US House passed a resolution to restrict Trump’s Iran war powers, adding domestic pressure as negotiations stall. Energy Logistics: Kuwait is exploring options to boost overseas oil storage after shipment disruptions through Hormuz. Trade & Labor: Kuwait’s SME sector led expatriate transfer requests under the new restricted-sector transfer policy, with 14,440 beneficiaries reported so far.
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