• 4 minutes Is $60/Bbl WTI still considered a break even for Shale Oil
  • 7 minutes Oil Price Editorial: Beware Of Saudi Oil Tanker Sabotage Stories
  • 11 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 15 minutes Wonders of Shale- Gas,bringing investments and jobs to the US
  • 16 hours Apartheid Is Still There: Post-apartheid South Africa Is World’s Most Unequal Country
  • 2 mins Adsorbent natural gas tanks are revolutionary.
  • 1 hour Evil Awakens: Fascist Symbols And Rhetoric On Rise In Italian EU Vote
  • 9 hours Visualizing How Much Oil Is In An Electric Vehicle (Hint: a heckuva lot)
  • 3 hours Theresa May to Step Down
  • 3 hours Total nonsense in climate debate
  • 2 hours IMO2020 To scrub or not to scrub
  • 10 hours Look at the LONGER TERM bigger picture of international oil & gas. Ignore temporary hiccups.
  • 2 hours IMO 2020 could create fierce competition for scarce water resources
  • 23 hours Canada's Uncivil Oil War : 78% of Voters Cite *Energy* as the Top Issue
  • 23 hours Trump needs to educate US companies and citizens on Chinese Communist Party and People's Liberation Army. This is real ECONOMIC WARFARE. To understand Chinese warfare read General Sun Tzu's "Art of War" . . . written 500 B.C.
  • 23 hours Will Canada drop Liberals, vote in Conservatives?
  • 15 hours Australian Voters Reject 'Climate Change' Politicians
  • 6 hours Why is Strait of Hormuz the World's Most Important Oil Artery

Saudi-Led Coalition, Houthis Clash Near Major Oil Passage

Bab el-Mandeb strait

Forces of the Saudi-led coalition against the Houthi rebels in Yemen and the rebel group are fighting in the southwestern Yemeni region of Bab el-Mandeb, a vital passage for around 3.8 million barrels daily of Middle Eastern crude to overseas markets.

Control of the passage is naturally important for both sides. The Saudi-led coalition cannot allow the Houthis to take it over because according to Emirati new outlet The National, they could use it to blackmail their enemies, paralyzing oil trade via the passage.

This is why, the daily reported this weekend, forces loyal to the elected Yemeni government and UAE troops staged an offensive against the Houthis, “pushing the last remaining rebels out of the region of Dhubab,” along the Red Sea coast.

The offensive was part of an advance on the city of Mokha, a major port on the coast. According to the latest reports from The National, the coalition forces had captured two areas along the road to the port city.

Iranian Press TV, quoting Yemeni TV channel al-Masirah, corroborated the fact there was an advance on Mokha, noting Saudi airstrikes on the city itself as well as two districts around it.

Related: Where Will Oil Prices Go This Year?

At the same time, reports from Iran’s Fars News agency quoted a Houthi military source as saying the Houthi army had inflicted “heavy military equipment losses” on coalition forces near Bab el-Mandeb, with 40 coalition fighters killed in the clash.

The conflict in Yemen, which observers call a proxy war between Sunni Saudi Arabia and Shiite Iran, has been raging since the spring of 2015, after the Houthi rebels forced President Abd-Rabbu Mansour Hadi to flee to Saudi Arabia, Yemen’s neighbor to the north. The Shiite Houthis are allied with Iran, Saudi Arabia’s regional archrival. The international community recognizes Hadi as Yemen’s legitimate leader.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News