AGP Executive Report
Last update: 5 hours agoIsrael at a Crossroads: Israelis marked three years since the October 7 attack as Gaza remains devastated; health authorities there say more than 74,000 people have been killed. Ahead of Israel’s October 27 election, Prime Minister Benjamin Netanyahu faces renewed pressure to answer for failures preceding the attack, with 62% of Israelis surveyed saying it will weigh heavily in their vote. Regional Risks: Oil climbed above $100 a barrel as fears over the Strait of Hormuz and Houthi-Saudi tensions mounted. The World Bank expects the Middle East economy to contract 2.1% in 2026 because of the Iran war, with Gulf oil exporters among the hardest hit. Egypt-South Korea: President Abdel Fattah el-Sisi began a three-day state visit to Seoul, where talks are expected to advance trade, investment and infrastructure ties and formalize a comprehensive strategic partnership.
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