AGP Executive Report
Last update: 2 hours agoTaiz Market Strike: Houthis say Saudi airstrikes hit shops near Taiz’s central market (Mawiya junction), killing at least 7 and injuring dozens including children; Yemen’s government says it targeted a Houthi camp and vehicles instead, with claims not independently verified. Red Sea Trade Pressure: The attack comes as fighting intensifies around the Red Sea coast and Bab al-Mandab, a key shipping route, raising risks for regional logistics and costs. Saudi-Houthi Escalation: Reports also cite Saudi intercepts of Houthi drones and ballistic missiles, while Riyadh shifts schools in parts of the capital to remote learning amid the threat. Regional Security Coordination: Saudi Arabia is preparing an urgent meeting of military chiefs with Turkey and Pakistan under the Makkah Joint Defense Agreement as Houthi attacks on Saudi targets intensify. Energy Shock Context: Broader Iran–US tensions over reopening the Strait of Hormuz continue to feed global fuel-price volatility, with Yemen’s conflict adding another layer of uncertainty for shipping and energy flows.
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