AGP Executive Report
Last update: 11 hours agoStrait of Hormuz Standoff: Iran says the Strait of Hormuz will stay closed until the US “corrects its behavior,” demanding an end to the blockade, sanctions relief, withdrawal of US forces, release of frozen assets, and compensation for war damage—while Iran also says it’s not in direct talks with Washington. Red Sea Shockwaves for Yemen: Houthis claimed attacks on Yemen’s Mokha port and on Saudi Aramco’s Jazan refinery, with reports of deaths and heavy port damage, raising risks for Red Sea trade and Yemen’s already fragile coastal economy. Saudi Energy Disruption: Saudi authorities said a fire at the Aramco Jazan facility was extinguished with no injuries, but the repeated strikes underline how quickly regional security can hit oil and shipping operations. Regional Security Deals: Bahrain and Kuwait welcomed UN Security Council condemnation of Houthi attacks, while Saudi Arabia, Turkey, and Pakistan pushed a new mutual defense pact—signaling tighter regional coordination as Yemen becomes a front line.
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