AGP Executive Report
Last update: 14 minutes agoMiddle East Oil Flows: Iran resumed crude loading at Kharg Island after a 25-day shutdown, underscoring how Tehran is rerouting around Strait of Hormuz disruptions while “dark fleet” shipments keep global supplies steadier than feared. US Sanctions Pressure: Washington is weighing tougher economic measures aimed beyond Iran, including potential secondary sanctions on China’s “teapot” refineries and related intermediaries that buy sanctioned Iranian crude. India LPG Security: India set refinery-wise and company-wise maximum daily cooking gas (LPG) production targets totaling 63,810 tonnes/day, plus storage and transport infrastructure rules, as West Asia supply shocks exposed import dependence. India–China Energy Talks: Philippines President Marcos said joint oil and gas exploration with China in the South China Sea is a “distinct possibility,” as Manila seeks energy security amid ongoing confrontations. China Circular Economy: China’s NDRC aims for closed-loop recycling of solid waste from EVs, batteries and solar by 2030, tightening “scrapping with batteries” enforcement. Renewables & Industry: Jordan’s Shobak wind farm—operated by a China Three Gorges unit—highlights growing Chinese clean-energy investment in the Middle East, while India’s Agastya Energy plans a Rs 7,800 crore integrated 12 GW ingot/wafer expansion.
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