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AGP Executive Report

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Red Sea Shipping Crisis: Yemen’s Houthis say Bab al-Mandab is not closed, insisting their maritime measures target Saudi-linked shipping only, after claiming attacks on two Saudi oil tankers and warning of further action. UN Warning: UN chief António Guterres urged immediate de-escalation, warning renewed Houthi attacks could pull Yemen deeper into the wider regional conflict and trigger serious economic and humanitarian fallout. Iran-US Escalation: The US and Iran traded escalating strikes as Trump warned of “major military punishment,” while Iran also claimed drone attacks on US bases in Bahrain, Jordan and Kuwait. Oil Shock: Brent jumped back above $100 a barrel as shipping risk spread from Hormuz to the Red Sea, with the Strategic Petroleum Reserve reported at its lowest level since 1983. Regional Pressure: China urged restraint to keep Red Sea routes open; Pakistan warned any attack on its maritime interests would be a “red line,” while EU officials called the tanker attack unacceptable and demanded an end to threats to navigation.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jul. 14, 2026

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Saudi Arabia strikes Yemeni port city of Hodeidah as Iranian backed Houthi rebels vow to escalate

Saudi Arabia strikes Yemeni port city of Hodeidah as Iranian backed Houthi rebels vow to escalate


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Jul. 14, 2026

ECO Canada and YemBlue Initiative Announce Strategic Partnership to Advance Sustainable Blue Economy in Yemen

EIN Presswire

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Jul. 9, 2026

Prime Minister of Canada Mark Carney and the Crown Prince and Prime Minister of Saudi Arabia, His Royal Highness Mohammed bin Salman commit to deepening bilateral engagement and economic cooperation

Prime Minister of Canada

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Jul. 6, 2026

New study provides insights into Arab countries' accession to the WTO

World Trade Organization

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Jun. 13, 2026

UN Chief Renews Urgent Call for Release Of Staff Held in Yemen

MENAFN

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Jun. 11, 2026

UN Chief Urges Immediate Release of 73 Staff Held by Houthis

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Jun. 8, 2026

Houthis Announce Full Ban on Israeli Shipping in Red Sea

MENAFN

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