Houthi Conflict Puts Saudi Economy at Risk of Historic Low

The Houthi conflict has pushed Saudi Arabia's oil production to its lowest level in decades and threatens to complicate the kingdom's plans to diversify its economy.

The hostilities, which have escalated this month with near-daily attacks on the kingdom, have already had a significant impact on the country's oil output.

Bloomberg's Onur Ant reports that the US-Iran war has reached crisis point for Saudi Arabia and its de facto leader, Crown Prince Mohammed bin Salman.