AGP Executive Report
Last update: 8 hours agoYemen/Red Sea Crisis: Iran-aligned Houthis seized Mocha, tightening pressure on the Bab al-Mandeb chokepoint and raising fresh fears for Red Sea navigation and Saudi oil exports, as the UN warns Yemen is entering a “new and more dangerous” phase. UN Diplomacy: Yemen’s foreign ministry urged the UN Security Council to take a firm stance, while Gulf states at the UN condemned Houthi attacks and warned of direct regional risk. Maritime Security: UKMTO reported projectile attacks on two vessels near Oman’s Khasab, and a bulker was hijacked off Yemen, underscoring rising instability for shipping. Gulf Politics: Algeria severed ties with the UAE and ordered closure of Algerian airspace to UAE-registered aircraft, while the UAE said it hopes the rupture is temporary. Energy/Trade: Qatar’s LNG is set to ease Pakistan’s power crunch after force majeure disruptions, and QatarEnergy signed Angola offshore block deals. Aviation/Travel: Emirates says it has recovered 93% of seat capacity and 98% of its network, despite some flight delays and cancellations. Sports/Culture: Bahrain’s U-17 Gulf Cup draw set up tough groups, while Bahrain and Qatar keep Asian Games momentum rolling.
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