AGP Executive Report
Last update: 9 hours agoOil Supply Risks: Crude fell in early Thursday trading after rising on Houthi attacks on Saudi Aramco and threats to shipping near the Strait of Hormuz. The strikes have heightened concerns over global fuel flows and freight costs. Winter Fuel Crunch: European gas prices reached a four-year high as storage lagged well behind its seasonal average and cold weather threatened to lift demand. Asian coal prices also hit a two-year high as utilities sought alternatives amid supply disruptions. Greenland Resources: Trump says oil and gas exploration is set to begin, but Denmark says the recent US agreement grants no special rights to extract resources and Greenland’s laws still apply. Energy Transition: Germany’s minister denies stalling renewables, even as her government dissolves a unit promoting the transition and pursues changes criticized by industry. Nuclear Safety: Britain pledged £17 million for repairs to Chernobyl’s damaged protective shelter and ventilation system, citing risks from further deterioration.
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