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Saudi Arabia and the global economy in a tight spot

After Ormuz, another strategic strait for maritime trade, that of Bal Al-Mandab, is threatened by the Houthi rebel offensive in Yemen against Riyadh. An escalation that plays into the hands of the Iranian regime, the latter clearly aiming for a surge in oil prices to make Donald Trump back down.

Translated from French Read in French

Saudi Arabia and the global economy in a tight spot

We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

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