AGP Executive Report
Last update: 6 minutes agoEnergy Diplomacy: Japan and South Korea are set to agree at a summit in Andong on an emergency “safety valve” for petroleum products—talks include joint reserves and swapping jet fuel and other refined supplies during Middle East disruptions. Sanctions Whiplash: The US Treasury extended a waiver for Russian seaborne oil for another 30 days, aiming to keep oil moving to “energy-vulnerable” countries as Iran war pressure keeps tankers stranded. Russia Pivot: Putin’s Beijing visit is framed as reassurance after Trump’s trip, with Xi and Putin expected to deepen trade and energy cooperation. Japan Domestic Pressure: A survey shows US favorability in Japan slipping below 30%, while Japan’s public anxiety over naphtha shortages rises as the Middle East shock hits everyday supply chains. SE Asia Demand: Bain and Standard Chartered warn data centres, EVs and green industrial parks will drive power demand growth that outpaces grid upgrades, leaving a widening investment gap. Climate Heat: Bangkok is projected to become SE Asia’s hottest major city by 2050, with extreme-heat days set to triple.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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