AGP Executive Report
Last update: 2 hours agoEnergy Security: Global reliance on imported energy could peak by 2034 as conflict-driven disruption to fuel supplies accelerates electrification, Rystad Energy says. The longer shipping through the Strait of Hormuz is constrained, the greater the risk to food, logistics and manufacturing. Regional Haze: Indonesia has approved foreign assistance to fight forest and land fires, with technical talks underway and about 60,000 people deployed across six provinces. Trade Talks: India says the first phase of its proposed US trade deal is finalised and in legal drafting; talks continue on tariffs, while an India-EU agreement is expected to be signed in December. Iran’s Economy: Inflation reached 89.8% year on year, according to figures cited in local reports, drawing criticism of a former labour minister who claimed high prices were the country’s only economic problem. Auto Shift: Petrol-only vehicles fell below half of global sales in the first half of 2026 for the first time, while hybrids and battery-electric vehicles gained ground, according to Global Mobility data.
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