Yemen's government forces announced on Monday that they had recaptured the strategic port city of Mocha from the Iran-backed Houthi rebels, aiming to weaken the group's control over critical Red Sea oil shipping lanes. Concurrently, Saudi Arabia-backed Yemeni government forces also launched a "strategic offensive" on Sana'a, the capital city controlled by the Houthis since 2014.
The Saudi General Authority of Civil Aviation issued a statement on Tuesday morning, reporting that two Saudi airports, Jizan and Najran, were attacked on Monday evening, resulting in three injuries and limited damage. Furthermore, Turkey and Pakistan agreed on Monday to initiate "deterrent measures" and swiftly deploy troops to support Saudi Arabia in response to Houthi attacks in Yemen. International benchmark Brent crude futures fell 0.3% to $100.12 per barrel in early Tuesday trading, while US WTI crude futures dropped 0.9% to $88.63 per barrel. ING energy strategists noted that despite signs of recovery in Persian Gulf oil flows, the market remains wary of potential supply disruptions in the region, which provides support for oil prices. This tension is likely to persist until progress is made on a deal between the US and Iran.
Yemeni government forces have recaptured the key Red Sea port of Mocha from Houthi rebels. Two airports in Saudi Arabia were attacked. Turkey and Pakistan will deploy troops to support Saudi Arabia.
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