Your daily news update on the Middle East

Provided by AGP

AGP Executive Report

Last update: 4 hours ago

Saudi-Iran Escalation: Saudi Arabia carried out undisclosed strikes inside Iran in late March, marking the first known direct Saudi military action on Iranian soil as the wider Middle East war widens. Ceasefire Deadlock: Iran says the US must accept its latest plan or face “failure,” while Trump warns the truce is on “life support,” keeping markets jittery. Hormuz Mediation Push: China urged Pakistan to step up mediation and help address reopening the Strait of Hormuz ahead of Trump’s Beijing visit. US-Iran Fallout: A Washington Post investigation using satellite imagery claims Iranian strikes damaged at least 228 US structures across the region since late February. Energy Shock Ripple: Oil supply disruption estimates were revised higher by the US EIA, and airlines/industries keep cutting or repricing—Air India plans to suspend flights from June; construction and shipping groups warn of cost spikes. Markets & Money: Asia stocks slid on stalled peace talks and hot US inflation; gold held steady then eased; the Korean won weakened sharply. Local Human Stories: Gaza sisters won a Middle East environmental award for turning war rubble into bricks.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Disruptions to Aecom’s cash flow in Middle East ‘have already recovered’

Disruptions to Aecom’s cash flow in Middle East ‘have already recovered’

Director-General of QNA meets Director-General of CMG Regional Office in Middle East

Director-General of QNA meets Director-General of CMG Regional Office in Middle East

The UAE President and Trump discuss Middle East developments and ways to reduce tensions in a phone call

The UAE President and Trump discuss Middle East developments and ways to reduce tensions in a phone call


Middle East conflict drives surge in spot freight and rate hikes across Europe
2 hours ago

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EIN Presswire

ICRC president calls for sustained international engagement to prevent further military escalation in the Middle East during visit to Iraq
May. 11, 2026

ICRC president calls for sustained international engagement to prevent further military escalation in the Middle East during visit to Iraq

International Committee of the Red Cross

Despite Middle East tensions, tariffs remain top political risk concern, according to latest Willis Political Risk Survey
May. 12, 2026

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GlobeNewswire, Inc.

UK Deploys Warship to Middle East Amid Hormuz Shipping Crisis
May. 10, 2026

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MENAFN

Save your energy: how the war in the Middle East could affect household savings and the economy
May. 11, 2026

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ECB - European Central Bank

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