AGP Executive Report
Last update: 11 hours agoOman–Niger Trade Push: Oman’s FM Sayyid Badr bin Hamad Al Busaidi met Niger’s counterpart Bakary Yaou Sangaré to speed up agreements and expand cooperation in trade, investment and capacity building. Oman Power Market Reform: Oman’s electricity sector is set to shift as a new APSR framework allows renewable producers to sell directly to eligible consumers, moving beyond the old single-buyer model. Sohar Circular Industry Boost: Sohar Port and Freezone broke ground on a $50mn zinc recycling and processing park by Oman Zinc, targeting refined zinc ingots and zinc oxide while turning residues into export-ready products. Hormuz Risk and Oil Spike: Brent jumped above $90 as US-Iran hostilities disrupt Strait of Hormuz shipments; Iran warned no oil or gas would pass if “aggression” continues, while a vessel was reported on fire near Oman’s Kumzar. Regional Diplomacy: Qatar’s PM and Oman’s FM discussed de-escalation and stressed freedom of navigation through Hormuz. Water Security Angle: UAE said food supplies are a “strategic priority” amid shipping disruptions, as the wider Gulf crisis raises fuel and insurance costs.
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