AGP Executive Report
Last update: 11 hours agoStrait of Hormuz Crisis: The US and Iran traded fresh strikes, with CENTCOM saying it hit about 140 Iranian military targets while Iran declared the Strait of Hormuz closed after a vessel’s tracking system was disabled—raising fresh shipping and oil-price jitters. Oman LNG Update: Oman exported 11.9 million tonnes of LNG in 2025, ranking among the world’s top suppliers and running above its 10.4 mtpa installed capacity. Water & Jobs: Nama Water Services completed a third phase of its Omanization-linked job program, creating 303 new roles across 10 governorates (1,188 total). Agritech Win: Razat Farm in Dhofar successfully produced local pineapples after 15 years of research, adapting cultivation to the region’s July–December growing season. Green Hydrogen Deal: Japan’s Kanadevia partnered with Bahwan Engineering to develop green hydrogen and low-carbon fuel projects in Oman. Trade Links: Oman and Hong Kong business ties are set to grow beyond $200 million as both sides push investment and access to Asia.
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