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Houthis push for control of Yemen highlands

Yemen’s Houthis pushed to seize strategic heights in Yemen on Monday to cut off the Red Sea coast from remaining areas held by Saudi-backed forces, after a report that US President Donald Trump had called off US strikes on the group at the last minute, Reuters reported.

Houthis push for control of Yemen highlands

Yemen's Houthi rebels are attempting to gain control of strategic highlands in the country to isolate the Red Sea coast from remaining zones held by Saudi-backed forces, according to a report by Reuters. The group claims to have fired missiles at Riyadh, the Saudi capital, on Saturday, causing explosions and smoke near the airport.

WTI Oil, a key benchmark for the Oil market, has seen a decline of 3.60% on the day, trading at $91.80, as global growth concerns and political instability impact supply and demand. The decisions made by OPEC and OPEC+ members also play a significant role in determining the value of WTI Crude Oil, with any changes in production quotas having a direct effect on the price.

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