AGP Executive Report
Last update: 2 hours agoEnergy & Trade Shifts: Kuwait Petroleum Corp. has started offering crude directly to Asian refiners for the first time since the 1990-91 Gulf War, a bid to expand market share amid regional conflict and tougher competition. Aviation Outlook: IATA expects global air passenger demand to grow just 2.1% in 2026, with Middle East traffic hit hardest by airspace limits and higher fuel costs. Electricity Costs in India: Delhi’s power minister says a 31% jump in power procurement costs has driven a PPAC revision tied to West Asia-linked fuel price spikes, while claiming consumer impact is being capped. Cross-border Crime Crackdown: A U.S.-led operation dismantled Southeast Asian scam networks, arresting 63 people and freezing millions in crypto tied to investment and romance fraud. Regional Policy on Aging: ASEAN countries are rolling out an aging-focused framework aimed at turning the “silver economy” into inclusive growth, with security, dignity and productivity for older people at its core. Sports & Culture: Afghanistan posted 194 in a rain-affected ODI vs India; India named a strong badminton squad for the Asian Games in Japan, led by PV Sindhu and the men’s doubles champions.
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