AGP Executive Report
Last update: 5 hours agoMiddle East Ceasefire Under Strain: Israel and Iran traded fresh strikes for the first time since the April 8 truce, with Trump urging both sides to “immediately stop ‘shooting’” as diplomacy raced to salvage talks. Yemen’s Houthis Escalate Red Sea Risk: The Houthis claimed a missile attack on Israel and declared a “complete and total ban” on Israeli shipping in the Red Sea, warning that Israeli-affiliated vessels are legitimate targets—raising fears of wider disruption to global trade. Energy Markets React: Oil jumped nearly 5% as investors priced in supply risks, with Brent rising toward $98 a barrel amid renewed fears around Hormuz and Red Sea routes. Israel Targets Energy and Defenses: Israel said it hit Iran’s Mahshahr petrochemical complex and struck defense systems, while Iran warned it could target oil and gas facilities linked to Israel and the US. Regional Spillover: Airspace restrictions and missile alerts spread across the region, including reports of Yemen-fired missiles intercepted over central Israel.
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