Saudi fighting Houthis, rich men fighting poor men

Saudi Arabia is now escalating its war with the Houthis. Saudi Arabia intervened in the Civil War in Yemen between the Yemeni Government and the opposition Houthis since 2014, leading to deaths of tens of thousands of civilians. There was a lull in the fighting with the peace agreement between Iran and Saudi Arabia in 2023 but is now flaring up. The Houthis have blockaded the Bab Al-Mandab seaway, preventing the Saudis from exporting its oil via the Red Sea route.

The Saudi/Yemen war was a massive humanitarian crisis, largely ignored by the Western MSM. Saudi Arabia was then supported by the USA, while the Yemen opposition, the Houthis, was supported by Iran. The status quo still stands and what is the result is left to be seen.

Without the control of the Bab Al-Mandab, the Saudis do not have access to the Red Sea route, even if it tried to avoid the Strait of Hormuz. Is there any substance talking about oil moving out of the Middle East at levels before the war? I am flabbergasted at the optimistic fabrication.

Right now, Trump is gloating about the release of 100 million barrels of oil from stockpiles by the G7 countries to soften the blow and hoping to keep oil prices from rising further before November. How realistic is the attempt and what will be the consequence if the blockade in the Middle East continues? Are the G7 countries capable of influencing oil prices just by releasing stockpiles? A hype is just a hype, nothing else. What is important is the reality.


Anonymous