AGP Executive Report
Last update: 8 hours agoKuwait Energy Recovery: Kuwait Petroleum Corp says it expects to lift output to 2 million bpd within a week after repairs and the reopening of the Strait of Hormuz, with force majeure notices set to be removed as shipping to Kuwait ports resumes. Hormuz Shipping Watch: Tanker traffic through Hormuz is picking up but still remains well below pre-conflict levels, while Kuwait is already preparing crude tenders for July delivery. Regional Diplomacy & Risk: US-Iran talks aimed at turning an interim truce into a lasting deal face uncertainty after Lebanon ceasefire violations and talk delays, keeping energy markets on edge. Energy Security Partnerships: Indonesia and Kuwait agreed to deepen energy security cooperation and push for an Indonesia–GCC free trade push by end-2026. Industry & Engineering: VA Tech Wabag won major Kuwait desalination work (SWRO), reinforcing Kuwait’s water infrastructure push. Defense Tech (Kuwait Buyer Angle): Eurofighter users including Kuwait show interest in integrating the APKWS drone-killer capability after RAF Typhoon success. Plastics & Sustainability: Emirates Biotech will showcase Embio PLA biopolymers at Saudi Plastics & Petrochem 2026, with KSA sales coverage including Kuwait.
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