Protesters gathered in Sanaa, Yemen, to show support for the Houthis, while thousands took to the streets in solidarity with the group. Meanwhile, the US extended sanctions on Iran, escalating tensions in the region. The move comes amid growing concerns over the impact of US policy on global oil markets.
Financial institutions like JP Morgan are struggling to predict oil prices, citing the uncertainty caused by the ongoing conflict. The bank noted that it had assumed certain economic thresholds, such as oil prices reaching $100 per barrel, would not be crossed by the US. However, the current situation has made these assumptions less reliable.
The sanctions are part of a broader strategy to pressure Iran, but their long-term effects remain unclear. Analysts warn that the situation could lead to further volatility in energy markets, affecting economies worldwide. As the situation develops, the interplay between political decisions and economic outcomes continues to shape global dynamics.
