AGP Executive Report
Last update: an hour agoMiddle East Energy Shock: The OECD cut its global growth outlook as the U.S.-Iran conflict keeps energy routes and costs under pressure, with two scenarios ranging from a “time-limited” disruption to prolonged Strait of Hormuz strain. India Aviation Shield: India approved a $1bn (Rs 10,000 crore) jet-fuel price stabilisation fund, using interest-free advances to oil marketing companies to protect airlines from Iran-war-driven ATF spikes. Oil Market Pressure: Oil jumped on renewed Gulf attacks and ceasefire uncertainty, lifting Brent back toward $100 while gold and silver slipped on a firmer dollar. EV Momentum in Asia: The IEA said EVs hit 25% of global new car sales in 2025, with China dominating production and sales. Malaysia Gas Security + Carbon Tech: Malaysia said domestic gas keeps power supply adequate, while Gas Malaysia launched Asia Pacific’s first LOOP system to turn methane into graphene and hydrogen-rich gas. Iraq Export Diversification: Iraq approved a major ramp-up of crude exports via the Kurdistan-Turkey pipeline to reduce reliance on Hormuz-linked routes. Renewables Buildout: Jinko Solar forecast doubling 2026 energy storage shipments to 10 GWh, citing high electricity prices across Asia-Pacific. Grid Storage in Japan: A consortium broke ground on a 67 MW / 230.1 MWh battery project in Fukuoka for 2027 operations. India Solar Scale: India claimed it became the world’s No.2 solar growth market in 2025, surpassing the U.S.
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.