7 Hrs
Source:
CNN Arabic
Saudi oil exports during the Houthis conflict
The developments in the Yemen-Saudi conflict are expanding to include Houthi attacks on oil tankers in the Bab al-Mandab Strait and at Riyadh Airport, impacting the global oil market. The Yanbu port used to export about 4.5 million barrels per day, with 3 million barrels passing through the strait, but the attacks have caused disruptions. Saudi Arabia has responded by boosting exports via the East-West pipeline and taking military measures. Asian countries are heavily affected, with imports declining, prompting them to explore alternative export sources as Iran's leverage in influencing the market diminishes.
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