AGP Executive Report
Last update: 12 hours agoAir and Energy Risks: Riyadh airport has partially reopened, but Houthi threats and missile interceptions keep flights uncertain. Attacks on Saudi oil facilities add to pressure on energy markets, with crude near $117 a barrel. Shipping: Yemen’s transport ministry says 785 commercial vessels crossed Bab al-Mandab from Oct. 1–22; UKMTO reports traffic near its historical level, while Hormuz remains sharply disrupted. Yemen’s Infrastructure: A strike reportedly hit workers’ accommodation at a cement factory in Sanaa province, and Taiz faces dwindling water supplies as aid routes remain blocked. Economic Outlook: The IMF forecasts a 1.3% contraction across the Middle East, North Africa and Pakistan in 2026, citing disruption to energy, shipping, trade and tourism.
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