AGP Executive Report
Last update: 3 hours agoStrait of Hormuz Standoff: Iran’s Deputy FM Kazem Gharibabadi rejected Trump’s vow to declare the waterway “U.S. territory,” saying Hormuz “cannot be seized by tweet” or force and will open/close only under Iran’s command, as shipping thinned to near standstill with only two vessels reportedly crossing and UAE-linked tankers again blamed for attacks. US Pressure Campaign: Washington doubled down on indefinite naval blockade and “never-seen-before” economic isolation, while Trump told Americans to accept higher gas prices as part of the pressure. Diplomacy at a Standstill: Iran’s Araghchi said no decision has been made to restart talks, with Pakistan and Qatar exchanging messages that Tehran insists are not negotiations. Regional Spillover: In Yemen, Iran-aligned Houthis fired ballistic missiles at Mocha, killing civilians, as tensions tied to the Iran war widen. BRICS/Finance Pivot: Iran’s central bank chief said Tehran will soon join the BRICS New Development Bank, alongside talk of payment links and digital assets to reduce dollar dependence.
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