AGP Executive Report
Last update: 12 hours agoG7 & Lebanon Ceasefire: G7 leaders meeting in Evian demanded a Lebanon ceasefire and backed the US-Iran interim deal, while pushing to diversify energy routes to cut reliance on the Strait of Hormuz. US-Iran MoU Details: A leaked 14-point draft says the war ends on all fronts (including Lebanon), Iran gets immediate oil export waivers and a reported $300bn development fund, and the US lifts its naval blockade—though the nuclear roadmap and sanctions endgame are still deferred to a 60-day process. Lebanon Sticking Point: Iran’s top diplomat says any final deal hinges on Israel withdrawing from southern Lebanon; Israel says it will stay “as long as necessary,” keeping the truce fragile. Markets & Oil: Oil slid as Hormuz reopening hopes grew, with investors watching whether the Lebanon front derails the agreement. Ukraine Link: G7 also pledged more air defenses for Ukraine and signaled possible renewed pressure on Russia’s oil after the Iran deal shifts attention back to Europe. US Politics: US senators said they haven’t seen the deal text yet, raising questions about timing and congressional approval.
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