AGP Executive Report
Last update: 11 hours agoYemen War & State Control: Yemen’s Saudi-backed government, led by Rashad al-Alimi, has launched a major offensive to retake all Houthi-held territory, aiming to restore state authority as fighting intensifies around Taiz and supply routes. Houthi Counterattacks on Energy: The Houthis claim ballistic missile and drone strikes on Saudi Aramco sites in Riyadh and Khurais, raising fresh fears for regional oil output and supply. Red Sea Shipping Risk: A reported tanker attack south of Mokha and renewed Bab el-Mandeb pressure underline how Yemen’s conflict is spilling into maritime trade. Oil Prices & Diesel Pressure: Brent rose above $102 as Middle East shipping risks climbed; at the same time, G7 moves to release diesel and crude reserves are meant to ease export-restriction fears. Standards & Trade Compliance: In Sana’a, Yemen’s standards authority met the Capital City Chamber of Commerce to boost compliance and update national product standards, supporting market circulation and quality. Regional Security Pacts: Turkey, Saudi Arabia and Pakistan are set to meet in Riyadh under the Mecca defense framework as Houthi escalation reshapes Gulf security planning.
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