Turmoil in Yemen As a Long-Term Oil Market Factor
... Nasser/Pixstream Nikolay Surkov: Yemen: Between Iraq and Somalia Just like direct confrontation between Iran and Saudi Arabia over the Bab el-Mandeb strait, a possible ground operation in Yemen may seriously affect oil prices. Recent reports suggest that a decision ... ... and may provoke a harsh response by Iran. Tehran’s reaction is hard to predict: it could opt for covert support to the Houthis and refrain from direct involvement because of ongoing nuclear talks. Alternatively, Iran could go further and block the ...
13.04.2015