Using Right-Hand Clamps to Leverage Saudi Economy
The article highlights how Yemen has leveraged geopolitical and economic pressure on Saudi Arabia by expanding its military and territorial control, especially in the Red Sea and Bab el-Mandeb Strait. This has severely impacted Saudi oil security and maritime routes. Reports confirm that Yemen has reduced the movement of Saudi ships by 46% and doubled shipping insurance costs by 1,000%, leading to higher navigation expenses and a sharp decline in Saudi oil exports—dropping from 7 million barrels per day to just 4 million. Additionally, Aramco lost around $35 billion in market value within days. Furthermore, Yemeni attacks on Najran Airport have neutralized Saudi defense operations and demonstrated Yemen's intelligence advantage, leaving Saudi Arabia with limited options to protect its economic interests and avoid a further decline in its regional standing.
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