Saudi Arabia strikes oil depots in Yemen as conflict with Houthis escalates

Saudi Arabia has launched a series of airstrikes on an oil depot near Sana'a, Yemen's capital, in a significant escalation of the conflict with the Houthi forces. This move is a major escalation of the ongoing conflict between Saudi Arabia and the Houthi forces, who are backed by Iran. The attack on the oil depot is a direct strike on Houthi energy infrastructure, which could disrupt their ability to supply oil and gas to the local market.

Why it matters

The strikes by Saudi Arabia on oil depots in Yemen have escalated the conflict, leading to increased tensions and potential humanitarian crises. This escalation may lead to increased oil prices and market volatility.

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