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AGP Executive Report

Last update: 4 hours ago

Middle East Oil Shock: Oil prices are edging higher as Iran-U.S. talks stall and Strait of Hormuz security concerns keep supply risk front and center, with Brent near $90 and WTI around $82. Gas Prices Watch: GasBuddy reports Baltimore gasoline down 11.3 cents to $3.89/gal, while diesel averages $5.418 nationally; local weekly price drops show pockets of relief amid still-volatile markets. Power & Investment: Equinor is buying a $940 million stake in Pennsylvania’s Lackawanna gas-fired power plant, betting on growing electricity demand from data centers and adding generation plus storage to its PJM footprint. AI Data Center Power: A new look at storage design argues AI-era data centers need more power-aware storage architecture to cut operating costs and delay upgrades. Energy Infrastructure Diversification: A new Iraq-Syria oil pipeline aimed at bypassing Hormuz is projected to cost at least $15 billion and take about four years—far longer than optimistic U.S. timelines. Trade Tensions: Canada is racing to avoid new U.S. tariffs up to 50% starting Wednesday, though energy products are excluded.

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.

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5 hours ago

DRC cites record U.S. trade growth as AGOA renewal nears

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9 hours ago

U.S. oil industry eyes Venezuela reopening ahead of Houston summit

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2 hours ago

Van Dyke Energy launches Fuel Buyer Verify for fuel buyer pre-qualification

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6 hours ago

ON.energy signs on as Platinum Sponsor for DCAC USA 2026

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U.S.-Iran MOU expires without agreement; Israeli strikes kill 11 in Lebanon; DNC votes to abolish ICE

U.S.-Iran MOU expires without agreement; Israeli strikes kill 11 in Lebanon; DNC votes to abolish ICE

U.S.-Iran Tensions Keep The Strait Of Hormuz Closed With No End in Sight. Stocks Declined.

U.S.-Iran Tensions Keep The Strait Of Hormuz Closed With No End in Sight. Stocks Declined.

U.S. strategic reserves are getting so low it threatens damaging the 60 underground salt caverns storing American oil

U.S. strategic reserves are getting so low it threatens damaging the 60 underground salt caverns storing American oil


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