GeopoliticsJuly 20 at 02:11 PM

A Yemeni source reports that an emergency meeting of the Yemeni National Defense Council, chaired by Al-Alimi, has begun to discuss the Houthi escalation, reports Al Arabiya

StockNow breaking-news AI analysis

Yemen's emergency defense meeting follows a Houthi ban on Saudi shipping, driving Brent oil to $90.92. Investors fear escalation could threaten the Suez Canal amid ongoing regional maritime instability.

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A Yemeni source reports that an emergency meeting of the Yemeni National Defense Council, chaired by Al-Alimi, has begun to discuss the Houthi escalation, reports Al Arabiya

What do investors think?

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