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The escalation by the Houthi militia in Yemen threatens international navigation and global oil markets. The Assistant Minister of Defense of Yemen pointed out that Iranian movements in the region have significant impacts on energy markets and global trade. He emphasized that the escalation of Houthi attacks, especially in Taiz where the Houthis control over a million people, disrupts the access to food, medicine, and fuel, and further complicates the military and humanitarian situation. This comes amid an escalation of military operations aimed at restoring State institutions. He also warned that this escalation could affect trade movement and energy prices, thereby impacting the global economy.
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