AGP Executive Report
Last update: 4 hours agoShipping & Energy: Fighting around Bab el-Mandeb, a vital route for trade and energy exports, is intensifying. Houthis claimed attacks on Aden and Saudi airports; Saudi authorities reported three deaths at two airports. Brent crude climbed above $100 a barrel as traders weighed regional supply risks. Conflict & Investment: Yemeni government forces, backed by Saudi air support, say they have retaken parts of the Red Sea coast, including Mokha, though control remains contested. Saudi Arabia, Pakistan and Türkiye have activated a mutual-defence pact; Ankara says its support so far is mainly technical and defensive. Continued escalation threatens shipping and investor confidence. Economic Support: Saudi Arabia has provided about $59.7 million in budget support for Yemen, including salaries. Humanitarian Crisis: More than 200,000 people have been displaced since fighting intensified, while the WHO says its immediate funding need has risen from $9 million to $31 million.
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