Mmastodon WorldEU Politics first seen 12 h ago, last 1 h ago, peak #2
Yemen launches 'Operation Dawn of Yemen' amid oil warnings
Original: # IranSitrep >Yemen's government launched 'Operation Dawn of Yemen' >Saudi Aramco CEO warns two-year rebuild needed for
Yemen's government has launched a military operation it calls 'Operation Dawn of Yemen', adding to regional tensions. In parallel, Saudi Aramco's chief executive has warned that global oil markets need about two years to rebuild stocks, saying roughly three billion barrels have been lost since the war began and about one billion drawn from reserves. The twin developments keep attention on energy security and the wider Iran-linked conflict.
Why now: The combination of a new military operation in Yemen and warnings about shrinking global oil reserves is driving concern about the war's economic and security fallout.
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Evidence
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