• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 7 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days Does Toyota Know Something That We Don’t?
  • 14 hours America should go after China but it should be done in a wise way.
  • 6 days World could get rid of Putin and Russia but nobody is bold enough
  • 8 days China is using Chinese Names of Cities on their Border with Russia.
  • 10 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 10 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 10 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 9 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 6 hours How Far Have We Really Gotten With Alternative Energy
  • 10 days Putin and Xi Bet on the Global South
  • 10 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 11 days United States LNG Exports Reach Third Place
  • 11 days Biden's $2 trillion Plan for Insfrastructure and Jobs
Hydrogen Mining: The New Energy Transition Challenge

Hydrogen Mining: The New Energy Transition Challenge

French researchers have discovered a…

Saudi-Led Coalition, Houthis Clash Near Major Oil Passage

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

ADVERTISEMENT

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News