AGP Executive Report
Last update: an hour agoRed Sea Shipping Crisis: An India-flagged cargo ship, MSV Faize Noore Oliya, sank off Yemen after a suspected projectile/bomb-boat attack. Rescue & Condemnation: Yemen’s coast guard and forces rescued all 14 crew members (13 Indians, 1 Yemeni) and brought them to Mokha; India condemned the “unprovoked” attack and urged free navigation. Hormuz Diplomacy Watch: While U.S. officials say a Strait of Hormuz deal could be reached “today or tomorrow,” Iran denies direct talks with Washington and says discussions with Oman focus on safe transit lanes. Yemen-Saudi Tensions: Yemen-based Houthis claimed a drone strike hit Saudi Arabia’s Najran Airport, prompting reports of suspended operations; Saudi says it is trying diplomacy to contain escalation. Yemeni Economic Impact: Sana’a officials released figures claiming Yemen has lost $1.13 trillion over 12 years under Saudi blockade, alongside major damage to industry and services.
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