AGP Executive Report
Last update: 10 hours agoNuclear Comeback: Italy moves to restart nuclear power, with Meloni saying the enabling law and implementing decrees will be adopted “by the summer,” ending decades of post-referendum reversals. Energy Security & Costs: The shift comes as Europe scrambles after the Ukraine war and gas shocks, with the EU estimating €241bn in nuclear investment needs by 2050. Oil & Shipping Watch: Oil prices jumped more than 4% on world markets amid renewed Middle East risk, while a US-Iran truce extension is reported as a 60-day deal pending Trump approval—key for Strait of Hormuz shipping. Italian Industry Abroad: Saipem installed a heavy module on Eni’s Bouri Gas Utilisation project offshore Libya, supporting gas recovery at the shallow-water field. Grid Stress: Italy’s heatwave is reported to have triggered blackouts across Turin, highlighting grid strain. Sports (Not Energy, but Italy-linked): Jannik Sinner’s French Open collapse is tied to dizziness and low energy in Paris heat.
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