... range to the public. However, in all fairness, we should note that experts identified them as radically simplified knock-offs of Iranian cruise missiles. Debates about the military capabilities of the Houthis are likely to continue, but some conclusions can be drawn. The war in Yemen costs Saudi Arabia dearly, both economically and in terms of its public image. Saudi Arabia is also clearly vulnerable to ... ... States. The media has added fuel to the fire by
suggesting
that it will take Riyadh between several months and a year to bring oil production to its previous levels.
Consequently, while Saudi Arabia could previously afford to ignore the occasional missile ...
... This development can be added to each of, the Egyptian-Saudi rapprochement, the war in Yemen, the new car driving regulations and the ongoing arrests of “corrupt” royals... ... less US commitment to allies and specifically NATO. Also there is the signature of Iran Nuclear Deal by world powers. As follows, I will discuss each of the above and... ... Iranian one. Plus, Russians and Saudis have a lot to discuss and cooperate such as Oil and Gas markets, they have to deal openly at some point. It is in none favour to...
... Yemen, a minor oil producer strategically situated in a region where more than half of world oil reserves are located, geopolitics becomes a long-term market factor. Price hikes there have more to do with a possible standoff between Saudi Arabia and Iran, rather than Yemen itself.
Disruption in oil transit
REUTERS/Khaled Abdullah/Pixstream
Leonid Issaev:
Yemen: Following in Afghanistan’s Footsteps?
Yemen controls part of the strait of Bab el-Mandeb, a bottleneck that separates the Red Sea and the Arabian Sea. In 2013,
3.8 million barrels ...
