AGP Executive Report
Last update: 7 hours agoMiddle East Risk Escalation: The U.S. launched new airstrikes on Iran, with Tehran retaliating by targeting U.S.-allied Gulf states; sirens were reported in Bahrain and Jordan, and explosions were reported around Iran’s nuclear plant—raising fresh concerns that any interim ceasefire could unravel. Shipping & Energy Pressure: Strait of Hormuz traffic reportedly plunged as fighting resumed, with major routes “grinding to a halt,” adding strain to already jittery oil and shipping markets. Jordan Governance & Oversight: Former minister Mahmoud Al-Kharabsheh urged Parliament to fully use constitutional oversight tools—confidence votes and ministerial accountability—to tackle corruption and strengthen public trust. Water & Infrastructure Finance: Jordan and Germany signed new debt-swap and development support tied to the National Water Carrier Project, as the country pushes water security plans amid regional tensions. Regional Investment Moves: Oman and Jordan launched a $100m joint investment company to back priority sectors, while Jordan’s foreign reserves at the Central Bank rose to $26.1bn by end-June. Security Watch: A Jordanian-linked drug-smuggling network from southern Syria remains a key concern, with authorities pressing the question of who receives and finances shipments.
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