AGP Executive Report
Last update: 7 hours agoSecurity Crisis: Saudi Arabia has reportedly rejected an Israeli offer to join its campaign against the Houthis, while President Donald Trump says Washington is weighing military support. Iran has offered to mediate. Airport Disruption: Deadly strikes on Riyadh’s King Khalid International Airport killed at least 13 people and injured hundreds; further attacks prompted Saudi Arabia to extend the airport closure through October 17. Airlines have cancelled or suspended services, and authorities say they intercepted another missile aimed at Riyadh. Public Safety: Saudi Arabia’s early-warning system had issued no public alerts for days before the airport strikes, Reuters reports. Alerts resumed Monday as officials urged residents to follow official guidance. Energy Markets: Brent crude rose nearly 2% to $106.65 a barrel amid fears of supply disruption. Saudi Arabia is also targeting East-West pipeline capacity of 10 million barrels a day to expand export options. Development: The kingdom says more than 63,000 families became first-time homeowners in the first half of 2026, as Riyadh advances housing, rail and metro projects.
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