AGP Executive Report
Last update: 5 hours agoRed Sea Escalation: Yemen’s Iran-backed Houthis claimed they attacked two Saudi oil tankers in the Red Sea, sparking fires and renewed fears of a wider blockade of Bab al-Mandeb as the US carries out its 12th night of strikes against Iran. Oil Shock: Brent crude surged back above $100 a barrel, dragging global markets lower and raising inflation worries as shipping disruptions threaten another key route for Middle East exports. Iran’s Role in Yemen: Reuters reports Iran flew IRGC commanders and missile/drone equipment into Yemen earlier this month to bolster Houthi capabilities for Red Sea operations. International Pushback: Qatar, the UAE, and the EU condemned the attacks as violations of maritime law and direct threats to global energy security, while US President Trump warned Iran and the Houthis of “major military punishment” if attacks continue. Yemen Frontline Fighting: In Dhalea, Yemen government forces reported fierce clashes with Houthis, with casualties on both sides. Humanitarian/Protection: In Taiz, Saudi-backed Project Masam destroyed thousands of unexploded ordnance items in the Bab al-Mandab area to reduce landmine and war-remnant risks to civilians.
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