AGP Executive Report
Last update: 10 hours agoMaritime Security Shock: Iran says the Strait of Hormuz is closed again after a warning shot hit a Cyprus-flagged container ship it accused of taking an “unauthorised route,” while the U.S. Central Command says it launched a third round of strikes on Iran shortly after, citing “heavy cost” steps to limit attacks on civilian mariners and commercial shipping. Bahrain on Alert: The renewed escalation comes with sirens and missile/drone threat warnings across the Gulf, including Bahrain, where the U.S. Navy’s 5th Fleet is based, as Iran retaliates with strikes claimed against U.S.-linked sites in Bahrain and Kuwait. Energy & Trade Risk: With about a fifth of global oil and gas trade passing through Hormuz, the closure and fighting threaten shipping schedules, insurance costs, and regional energy flows. Diplomacy Under Strain: The flare-up further clouds a fragile U.S.-Iran interim framework, with both sides trading accusations over commitments tied to reopening Hormuz.
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