AGP Executive Report
Last update: 8 hours agoEU sanctions talk on Israel’s E1: The European Commission joined the chorus condemning Israel’s E1 settlement tenders, calling the move “unacceptable” and urging an immediate halt as multiple European states and Canada demand action. GCC pressure on settlements: The GCC also condemned E1 and wider settlement expansion, warning it undermines Palestinian rights and the two-state path. Iran vs US “secondary sanctions”: Iran’s foreign ministry hit back hard at new US sanctions, arguing they violate sovereignty and international law, while the Iranian army said it is shifting doctrine from defensive to offensive. Hormuz squeeze meets Iraq workaround: Iran allowed some Iraqi tankers to pass through the Strait of Hormuz “so far,” tied to Iraqi demands amid US pressure and Iraq’s export revenue crunch. Iraq state banks tighten credit: Iraq’s state-owned banks have curtailed lending without clear 2026 credit plans, squeezing SMEs, housing and investment financing. Markets in the region: Dubai Financial Market closed up modestly, with banking and basic materials among the gainers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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