AGP Executive Report
Last update: 8 hours agoRegional Security: Saudi air defenses intercepted three Houthi cruise missiles headed toward Riyadh, the second day of reported attacks. An ADNOC vessel was damaged in UAE waters, while separate incidents struck tankers near the Strait of Hormuz; crews on a Saudi-flagged ship were reported safe. Iran Diplomacy: Qatar says Washington and Tehran have responded positively to mediation, as Doha presses for a deal to avert further escalation. Gulf Defense: GCC defense ministers approved a forward military command headquarters in Kuwait, amid rising threats to regional security and shipping. Energy: Qatar’s LNG loadings have recovered to about half their pre-war level, offering some relief to tight markets, though Poland’s Orlen has terminated a QatarEnergy supply contract after force majeure disrupted deliveries. Markets: UAE lender FAB plans a rights issue of up to $4.08 billion, one of the Gulf’s largest in recent years. Oman reported a 16% rise in nine-month public revenues and a budget surplus.
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