AGP Executive Report
Last update: an hour agoStrait of Hormuz & Shipping Security: The UN’s International Maritime Organization (IMO) has started planning a large-scale evacuation of about 11,000 stranded seafarers through the Strait of Hormuz, coordinating with Iran, Oman, other coastal states and the U.S., as shipping traffic begins to return but remains far from normal due to mine risks and navigation uncertainty. Diplomacy & Tolls Dispute: Oman and Iran say they will study how the strait is administered and the costs for services, while U.S. Secretary of State Marco Rubio insists the U.S. will not accept any tolls or fees on an international waterway—keeping the “who pays” question central to the talks. Nuclear Inspections Clash: Trump says Iran agreed to “highest level” nuclear inspections “long into the future,” but Iran denies any plan for IAEA inspectors to visit bombed sites, fueling fresh uncertainty over the 60-day roadmap. Oman Renewables Tender: Oman’s Nama Power and Water Procurement Company launched an RFQ for Adam (1,000MW) and Sinaw (500MW) solar IPPs, targeting about $1.035bn in investment. Aviation & Connectivity: SalamAir inaugurated the first non-stop Muscat–Vienna route, with three weekly flights, boosting Oman’s Europe links. Logistics Partnership: Gulf Warehousing Company (GWC) partnered with Meydan Free Zone to simplify business setup and regional expansion across the UAE and into Oman, Saudi Arabia, Qatar and Bahrain.
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