Middle East Tensions Rise as Houthi Advances Threaten Oil Exports
Houthi strikes in Yemen and Saudi Arabia have raised concerns about global trade and oil prices, as the US marks 25 years since the 9/11 attacks.
The Houthi advance in Yemen has raised concerns about global trade and oil prices, as the group’s strikes on Saudi Arabia’s oil infrastructure have alerted the oil markets to the possibility of seeing even less Middle Eastern supply than before OilPrice. The East-West pipeline is at risk of damage, jeopardizing 3-4 million b/d of Saudi crude exports. Meanwhile, in a separate development, Israel has carried out an air strike on Nabatieh al-Fawqa in southern Lebanon Middle East Eye. The US marks 25 years since the 9/11 attacks, but experts question whether the country has learned anything from its ‘war on terror’ Middle East Eye. China and Russia have jointly rejected renewed Western pressure on Iran over its nuclear program, challenging the legal and political basis of efforts to revive sanctions and bring the Iranian nuclear issue back under the scrutiny of the United Nations Security Council Tehran Times.
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