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China Pressures Iran to Rein in Houthis as Oil Prices Plunge Below $100/bbl

Guavy AI Editorial Team
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Oil prices have plummeted to below $100/bbl as reports suggest China is pressuring Iran to rein in the Houthis.

According to Reuters, citing sources, China has urged Iran to use its influence over the Houthis after Saudi Arabia made an appeal for help.

The development comes as fighting intensifies in Yemen between government forces and the Houthi group, with Saudi Arabia providing air support in areas around Taiz.

President Donald Trump stated that the US is 'hopefully toward the end' of its war on Iran, but also emphasized the need for practical steps to earn Tehran's confidence.

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