Houthi Gains in Yemen Spark Fears of Escalating Conflict with Saudi Arabia

Saudi Arabia's long-standing conflict with Yemen's Houthi rebels has escalated in recent days, with the Houthis seizing key ports and islands that control access to the Red Sea.

The Houthis' gains come after Saudi Arabia shut down a major pipeline due to drone attacks originating from Iraq, where Iran-backed militias are active.

The conflict has already had significant economic implications for Saudi Arabia, with its oil exports to Asia plummeting by 96% in August compared to June, although they have since recovered somewhat.

Experts warn that any military response from Saudi Arabia could prolong the conflict and lead to even more devastating attacks on its energy infrastructure.