Yemeni government launches offensive to seize all areas from Iran-backed Houthis

The Yemeni government has announced a major military campaign to recapture all areas of the country controlled by the Iran-backed Houthis. This was reported by CNBC World and CNBC.

The campaign aims to seize control of all Houthi-controlled areas in Yemen. No further details on the campaign have been provided in the reports.

Oil prices rose on October 5 after Yemen's Iran-backed Houthis launched ballistic missiles and drones at Saudi Aramco sites in Riyadh and the Khurais area, according to The Business Times - Companies & Markets. This raised concerns about production at the region's top exporter. Brent crude futures climbed $0.81 cents, or 0.8 per cent, to $103.06 a barrel, while US West Texas Intermediate crude was at $91.57 a barrel, up $0.46, or 0.5 per cent.

Brief written by urgent.news from CNBC World, CNBC, The Business Times - Companies & Markets — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.