AGP Executive Report
Last update: 8 hours agoUS-Iran Energy Shock: The US reinstated sanctions on Iran’s oil trade by revoking a short-lived waiver, tightening limits on new purchases and loading after July 17 as Strait of Hormuz attacks keep crude prices elevated. Trade Tensions: At a NATO summit, Trump ordered Treasury to cut off all US trade with Spain, escalating pressure over defense spending and access issues. Global Trade Infrastructure: Gulftainer unveiled a $2bn plan to become a connected trade-infrastructure platform, boosting Khorfakkan Port capacity to 5m TEUs and expanding inland logistics. Capital Markets & Crypto: The Philippine Stock Exchange pushed back on the regulator’s move to allow crypto trading in a sandbox, warning it could siphon retail money from equities. Finance & Trust in AI: Malaysia’s banking leaders urged “trusted” AI rollout with stronger governance and resilience as Open Finance and asset tokenisation pilots move forward. EV Charging Push: Malaysia said it’s streamlining EV ecosystem incentives, including building power substations and supporting charging operators. WTO Accession: Ethiopia signed a bilateral market access protocol with Thailand at the WTO, marking another step toward full membership. Business & Investment: Record Financial Group launched “Record Amanah,” a Sharia-compliant private markets platform for institutional investors.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.