Houthi Rebels Target Leverage Over Saudi Arabia

As tensions in the Middle East continue to escalate, Megan Sutcliffe, Principal Analyst for the Middle East and Africa at Sibylline, explained that the Houthi rebels' aim is not to cripple Saudi Arabia's oil production, but rather to gain leverage over their neighbor.

The revelation comes as President Trump prepares to meet Gulf leaders next week in New York. The meeting is expected to take place on the sidelines of the UN General Assembly.

Saudi Arabia's oil output has been severely impacted by a recent attack on its East-West pipeline, but reports suggest that the country will soon return to about half of its capacity. Oil prices have stabilized as a result, with no immediate steep drop in sight.