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Houthis' actions endanger energy security
The Houthis' military escalation threatens global energy security and increases the suffering of civilians in Yemen. The Houthis have targeted cargo ships and oil vessels in Yemeni waters, leading to a rise in oil prices to over $99 per barrel and disrupting supply chains, as well as increasing shipping and insurance costs, which disproportionately harms the poor, especially in Yemen. On the ground, more than 18,500 civilians have been displaced due to indiscriminate shelling, with the group continuing to loot aid and ignoring diplomatic efforts, thereby worsening the humanitarian crisis and child malnutrition. This escalation reflects the Houthis' stubbornness and undermines peace efforts, jeopardizing regional stability.
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