AGP Executive Report
Last update: 2 hours agoRed Sea Logistics & Ports: Saudi-backed Yemeni government forces pushed Houthis back along the Bab el-Mandeb coast, with claims of retaking the port city of Mocha and securing the Dhubab area/airstrip, a move that could ease pressure on Red Sea fuel, food and aid flows. Air Campaign & Ground Push: The Saudi-led coalition said 100 fighter jets supported the “Dawn of Yemen” offensive and claimed hundreds of Houthi targets hit, while fighting continued around Taiz and other fronts. Houthi Counterattacks: Houthis reported missile/drone strikes on Saudi sites including Riyadh’s King Khalid Airport and an Aramco refinery in Rabigh, plus Abha and Khamis Mushait targets, and warned airlines about Saudi airspace. Energy Markets: Oil prices hovered near $100 as traders weighed stronger Middle East exports and G7 reserve releases against ongoing Yemen-linked risks to Gulf shipping and infrastructure. Regional Defense: Saudi Arabia, Pakistan and Türkiye activated the Mecca Joint Defense Agreement, pledging rapid deployment after Houthi attacks on Saudi cities and economic infrastructure.
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