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Saudi-Backed Yemen Forces Begin Operation to Retake Houthi Areas
Source: Bloomberg
Geopolitics & WarEnergy Markets & Prices
Yemen’s internationally recognized government launched a full-scale military operation to retake Houthi-controlled territory after weeks of escalating conflict between the Iran-backed Houthis and Saudi Arabia. The escalation raises regional geopolitical and Red Sea shipping risks, with potential implications for oil markets and supply-chain security.
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