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Houthi Land Grabs Put Saudi Oil and Markets on Edge

Houthi Land Grabs Put Saudi Oil and Markets on Edge
Fuel to Fire: What to Know as Houthi Land Grabs Put Saudi Oil & Markets on Edge · deccanchronicle.com

The Houthis are an armed group fighting in Yemen’s long civil war.

They recently captured land and islands near a narrow sea route called Bab el-Mandeb.

Many ships use this route to carry goods around the world.

The Houthis have also attacked Saudi-linked ships and oil facilities.

This made people worry about oil supplies and fuel prices.

Saudi Arabia supports Yemen’s government and has fought the Houthis for years.

Countries including Oman, Turkey and the United States are discussing ways to reduce the fighting.

Many families have had to leave their homes, and aid groups say Yemen urgently needs more help.

Key facts

Displaced people
About 125,000 Yemenis have fled their homes, according to the article.
Strategic waterway
About 12% of world trade passes through Bab el-Mandeb in peacetime.
Shipping traffic
Daily transits fell from 35 to 25 after the Houthi advance, then rose to 45 on Sunday, according to Windward.
Civilian casualties
The U.N. humanitarian office reported eight civilians killed and 32 wounded in the latest fighting.
Humanitarian funding
Only 20% of the U.N. humanitarian appeal for Yemen has been funded.
Aid warning
The U.N. says millions risk losing access to food, health care, nutrition, water and protection services.
Reported talks
Oman hosted a meeting between U.S. and Houthi representatives the previous weekend, according to sources cited by The Associated Press.

Quotes

Mohammed al-Bukhaiti

Member of the Houthis’ political bureau

“It is Saudi Arabia that closed the Bab el-Mandeb strait to shipping traffic to and from Yemen and imposed an unjust blockade on the country.”
deccanchronicle.com
“This war has been completely devastating for us.”
deccanchronicle.com

Valentin d’Hauthuille

Middle East analyst at ACLED, a conflict monitor

“At the moment, their focus is on Saudi-linked shipping, but they might extend the criteria according to which vessels are assessed to be ‘Saudi-linked’ to increase pressure on both Saudi and the global economy.”
deccanchronicle.com

Sources

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