The Aporia
Houthi rebels on Wednesday said Saudi Arabia launched airstrikes in Yemen, as hostilities between Riyadh and the Iran-backed militia escalate toward all-out war.
Riyadh is now contending with simultaneous disruptions to both of its primary shipping lanes, in the Red Sea’s Bab el-Mandeb Strait and the Strait of Hormuz, as the kingdom’s oil exports fell to 13-year lows.