AGP Executive Report
Last update: 12 hours agoRed Sea Security Shock: Yemen’s Houthis claimed attacks on two Saudi tankers and say they will blockade Saudi shipping via Bab el-Mandeb, raising fears of a wider “double choke point” for global trade and energy flows that run through Djibouti’s neighborhood. Market Fallout: Brent crude jumped back above US$100 as investors priced in the risk of supply disruption and inflation from escalating US-Iran tensions and Red Sea instability. Djibouti’s Strategic Role: Germany’s navy said it will withdraw the Fulda minesweeper and Mosel supply ship from the Red Sea—ships currently based in Djibouti—citing volatile conditions and no near-term mission start, while keeping them on standby. Horn of Africa Governance: Ethiopia and Djibouti agreed a roadmap to operationalise the Galafi One-Stop Border Post, aiming to streamline customs and immigration on the corridor that carries most of Ethiopia’s trade. Human Security: Ethiopia announced arrests of 17 in a trafficking ring accused of moving 40,000 migrants through Djibouti and onward to Yemen, with torture and ransom claims.
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