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AGP Executive Report

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Houthi Attacks on Saudi Arabia: Iran-aligned Houthis launched drone and missile strikes on Khamis Mushait, Abha and Taif, injuring 13 civilians, as Saudi civil defence issued fresh alerts across the kingdom. Mecca Under Threat: Saudi Arabia said it intercepted a Houthi drone before it entered Mecca’s restricted airspace; a first-ever air alert for the holy city was briefly triggered and then lifted, with Houthis denying targeting holy sites. Red Sea Oil Shock: The East-West pipeline was shut after drone damage, while Saudi reduced shipments to Europe and Yanbu loadings were suspended—pushing Brent back near $108 and keeping markets jittery. Markets & Fed Pressure: Oil’s Middle East-driven surge lifted Treasury yields toward 5%, dragging stocks lower even as some inventory data showed unexpected U.S. crude builds. Pakistan backs Saudi: PM Shehbaz Sharif condemned the attempted drone attack on Makkah and pledged “shoulder to shoulder” support for Saudi security. Israel Arms Deal: The Trump administration is preparing a $2.8bn munitions sale to Israel, including tens of thousands of 2,000-pound bombs, according to a U.S. official. West Bank Poll: A survey found Palestinians split on Israel’s right to exist but lean toward diplomacy over armed struggle. Turkey Crackdown: Turkish police detained dozens protesting a nationwide LGBTQ crackdown, drawing outrage from opposition and rights groups.

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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Jewish-Kurdish Conference in London: Kurdish nationalism in the Türkiye-Israel rivalry

Jewish-Kurdish Conference in London: Kurdish nationalism in the Türkiye-Israel rivalry

Middle East Supply Constraints Lift Crude Oil Prices

Middle East Supply Constraints Lift Crude Oil Prices

Middle East dividends rise 5.5% to $44.6 billion in Q2 as UAE payouts climb

Middle East dividends rise 5.5% to $44.6 billion in Q2 as UAE payouts climb


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