The Houthis said they carried out a “large-scale” attack on forces backed by Yemen’s Saudi government, escalating fears that the US–Israeli conflict with Iran could broaden into a wider regional war. The development raises risk of disruption to Red Sea shipping routes and potential spillovers into energy prices.
The Houthis said they carried out a “large-scale” attack on forces backed by Yemen’s Saudi government, escalating fears that the US–Israeli conflict with Iran could broaden into a wider regional war. The development raises risk of disruption to Red Sea shipping routes and potential spillovers into energy prices.
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mildly negative
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