AGP Executive Report
Last update: 7 hours agoStrait of Hormuz Pressure Hits Bahrain’s Energy Outlook: The U.S. Energy Information Administration says the Strait of Hormuz will stay effectively shut through late May, with traffic resuming gradually next month—pushing U.S. gasoline forecasts higher to about $3.88 a gallon in 2026, while Middle East crude output is assumed to be down roughly 10.5 million bpd in April. Bahrain Security Crackdown: Bahrain said it arrested dozens linked to Iran’s IRGC, as Washington awaits Tehran’s response to a new proposal tied to reopening Hormuz and ending the war. Local Infrastructure Moves: Bahrain’s Works Ministry launched a public tender for Phase 1 of the Shaikh Jaber Al Ahmed Al Sabah Highway upgrade (2 km, four-lane dual carriageway, 52-week contract). Hidd Water Project Tender: EWA received five bids for preliminary works for the new 60 MIGD Hidd IWP desalination plant. Hajj Readiness: Bahrain confirmed full logistical preparations for the 2026 Hajj season, with 4,625 pilgrims scheduled to travel in 36 departure batches.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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