AGP Executive Report
Last update: 5 hours agoHormuz Shock, Iraq Update: Iraq’s new oil minister says April exports through the Strait of Hormuz collapsed to just 10 million barrels, down from about 93 million barrels a month before the Iran war, with tankers staying away over insurance and Baghdad scrambling to use trucks and the Kirkuk–Ceyhan pipeline. US Sanctions Shift: The US let a Russian seaborne oil sanctions waiver lapse, ending a short-lived channel that some countries used to manage supply tightness during the Hormuz disruption. UK Legal Block: In the UK, climate activists won a Supreme Court ruling that blocks new oil and gas projects unless planners assess downstream climate impacts. Canada Pipeline Momentum: Canada and Alberta struck a carbon-pricing deal that clears the way for a new oil pipeline starting as early as 2027. Russia Refining Hit: Ukraine’s military says strikes damaged key units at Russia’s Ryazan oil refinery. Nuclear Builds: Kazakhstan and Rosatom discussed workforce and site monitoring for the Balkhash NPP, while Serbia pushed to become a regional gas-and-power hub.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
Perspectify News
