Tuesday 8 March 2022

The poor Houthis get theirs

'Helima Croft from RBC Capital Markets said the Gulf states and Iraq have up to 2.5m barrels a day in spare capacity that could be mobilised within 30 to 60 days.

'“We believe that the [Saudi] kingdom could potentially be willing to resume its central banker role and attempt to avert a calamitous global economic crisis,” she said. As a sweetener, the Saudis may be given more leeway to fight the Houthis in Yemen....'

Good news for Ukrainians, bad news for the Houthis. 

And so it goes.

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