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AGP Executive Report

Last update: 8 hours ago

Gulf Security Shock: The US launched strikes on Iran after accusing Tehran of attacking three ships in the Strait of Hormuz, then revoked a waiver allowing Iran to sell oil; Iran retaliated by targeting US-linked sites in Bahrain and Kuwait, triggering air-raid sirens and missile/drone intercepts. Ceasefire in Doubt: US President Trump said the June memorandum of understanding is “over,” calling negotiations “a waste of time,” while NATO chief Mark Rutte backed the strikes as “absolutely necessary,” and Iran warned all US bases could become legitimate targets. Kuwait’s Response: Kuwait’s Foreign Ministry condemned the “repeated Iranian aggressions” as a breach of sovereignty and international law, stressing the safety of citizens and residents is a “red line.” Diplomatic Pushback: The EU condemned the attacks and plans talks with Gulf neighbors to protect navigation through Hormuz and the Red Sea; Qatar, Oman, the UAE and China all urged de-escalation and respect for the MoU. Markets Hit: Oil jumped toward two-week highs as Europe and parts of the region saw risk-off moves, with investors weighing renewed Middle East tensions.

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.

AGP Wire

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Jun. 30, 2026

Shufti helps AZ eWallet speed customer onboarding in Kuwait

AGP

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Jun. 23, 2026

Cricket’s Candy Creations opens first franchise in Staten Island July 1

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Jul. 7, 2026

LeapHope expands online therapy to 16 countries

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Jul. 6, 2026

LEORON names Lule Bunjaku Karapinar CEO for GCC markets and executive education

AGP


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Kuwait says intercepted 2 Iranian missiles, 13 drones as shrapnel damages power lines

Kuwait says intercepted 2 Iranian missiles, 13 drones as shrapnel damages power lines

Kuwait: Parts of the electricity grid were damaged in the attacks, but services continue without interruption

Kuwait: Parts of the electricity grid were damaged in the attacks, but services continue without interruption

Kuwaiti defenses repel a large-scale Iranian attack, destroying two ballistic missiles and 13 drones

Kuwaiti defenses repel a large-scale Iranian attack, destroying two ballistic missiles and 13 drones

President Donald Trump says Iran ceasefire is over, warns of more strikes

President Donald Trump says Iran ceasefire is over, warns of more strikes

🎥President Trump: Ceasefire with Iran is over."They're evil people"

🎥President Trump: Ceasefire with Iran is over."They're evil people"


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Jul. 6, 2026

AX Coin, a Subsidiary of SOLOWIN HOLDINGS (Nasdaq: AXG), Partners with Bank of Bahrain and Kuwait B.S.C. to Advance Regulated Stablecoin Infrastructure for Institutional Banking

GlobeNewswire, Inc.

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Jun. 30, 2026

Shufti is Empowering AZ eWallet, the Fastest-Growing Fintech Company in Kuwait

EIN Presswire

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Jun. 11, 2026

Kuwait Reopens Airspace After Iranian Missile Strikes Hit U.S. Bases

MENAFN

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Jun. 11, 2026

Kuwait Airspace Reopens After Iranian Strike Disruption

MENAFN

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Jun. 11, 2026

Kuwait Repels ‘Hostile’ Aerial Targets

MENAFN

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Jun. 11, 2026

Kuwait Restores Normal Air Traffic After Temporary Safety Measures Lifted

MENAFN

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