AGP Executive Report
Last update: 6 hours agoHormuz Standoff: Iran says the Strait of Hormuz won’t reopen until the US “corrects its behavior,” demanding an end to the war, lifting the naval blockade, withdrawing US forces, lifting sanctions, unfreezing assets, and “complete” compensation for war damage—while Iran and Oman near a shipping-lanes deal that still hinges on Washington meeting Tehran’s conditions. US “Low-Key” Approach: Trump tells Axios he’s “low-keying it” and “only semi-negotiating,” leaning on economic pressure as Iran’s inflation worsens; meanwhile, US CENTCOM reports it redirected 55 commercial vessels and boarded two under the blockade. Iran Security Shake-Up: Supreme Leader Mojtaba Khamenei appoints Mohsen Rezaei as secretary of Iran’s Supreme National Security Council, replacing Mohammad Bagher Zolghadr—signaling a tighter security line as Hormuz talks drag on. Energy Markets: Oil prices climb as Hormuz reopening remains uncertain, with markets pricing in a risk premium. Regional Spillover: Yemen’s Al-Mukha hit by Houthi missile/drone attacks, killing civilians and soldiers and injuring dozens.
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