AGP Executive Report
Last update: 9 hours agoGulf Security & Infrastructure: The US carried out a ninth straight night of strikes on Iran as Kuwait reported intercepting hostile drones and Iran claimed attacks on US-linked sites, while Kuwait said Iranian strikes damaged power and water facilities, sparking fires and raising fresh concerns for summer electricity and desalination reliability. Shipping & Energy Markets: Escalation around the Strait of Hormuz kept oil under pressure, with Brent pushing above $90 a barrel as tankers and commercial traffic faced disruption and both sides traded warnings and retaliatory moves. Military Casualties: The US said another service member was killed in Iraq during a controlled detonation of a downed Iranian drone, bringing the reported US death toll in the renewed campaign to 17, after earlier fatalities in Jordan. Payments & Fintech (Kuwait): QIIB and Visa announced a strategic collaboration to support QIIB’s payments growth in Kuwait, focusing on data-led portfolio management, targeted customer campaigns, and spend migration.
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