AGP Executive Report
Last update: 10 hours agoRed Sea Security Shock: Iran’s IRGC says it downed two US MQ-1 drones near the Strait of Hormuz as the UN Security Council prepares an emergency meeting on Bab el-Mandeb, where Houthis have seized Greater and Lesser Hanish islands, tightening their grip on a key shipping route. Oil Supply Crunch: Saudi Arabia’s East-West pipeline is expected to be mostly out of service for three to five weeks after a drone attack, while Houthi advances and strikes on Saudi targets raise fresh fears of a new global oil supply crisis. Humanitarian Fallout in Djibouti: Yemen’s fighting has driven nearly 94,000 people from their homes this month; more than 2,000 have reached Djibouti by sea, with IOM warning more crossings are coming as fuel shortages in Yemen hamper departures. Djibouti–Somalia Ties: Mogadishu and Djibouti City signed an MoU to boost cooperation in trade, investment, culture, and development. Diplomatic Moves: Saudi Arabia and Djibouti signed a mutual visa exemption deal for diplomatic and special passport holders. Regional Defence Link: India’s INS Trishul docked in Alexandria after a port call in Djibouti, underscoring growing maritime cooperation.
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