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Yemen Escalation Raises New Risks for Global Oil Markets

A conflict that has simmered in Yemen for years has flared in recent weeks, with consequences that could reach far beyond the Middle East. The Houthi rebels have seized nearly all of Yemen’s Red Sea coastline, giving the Iran-aligned militant group control of the Bab al-Mandab Strait, a key chokepoint for global trade. The Houthis have also intensified attacks on energy facilities in Saudi Arabia, the group’s foe and the world’s biggest oil exporter. Riyadh has been forced to temporarily shut down a crucial oil pipeline after…

OilPrice.comOilPrice.comRFE/RL staff22 Sept
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Yemen Remains on the Brink as Fighting Continues and Humanitarian Needs Escalate, Warns Action For Humanity

Country: Yemen Source: Action for Humanity Action For Humanity (AFH), one of the leading humanitarian organisations operating in Yemen, is warning that the country's already fragile humanitarian situation could deteriorate further as fighting continues across multiple frontlines and the risk of wider escalation remains high. Recent reporting indicates that hostilities remain intense across western Taiz, the Bab al-Mandab corridor and Marib, with ongoing fighting, air operations and insecurity creating growing concerns for civilians and humanitarian access. The warning comes just weeks after renewed fighting forced tens of thousands of families from their homes. More than 85,000 families have now been displaced across Ta'iz and Al Hodeidah, many arriving in safer areas with little food, limited access to clean water and no certainty about what comes next. Humanitarian organisations are increasingly concerned that further instability could lead to additional displacement, greater humanitarian access challenges and increasing pressure on communities already struggling to cope. Action For Humanity continues to deliver humanitarian programmes across Yemen and is preparing to scale up its emergency response. Working through its teams and local partners, AFH is preparing food distributions, water trucking, hygiene and sanitation support, and emergency cash assistance to help displaced families meet their most urgent needs. The organisation is also warning that Yemen remains one of the world's most severe and chronically underfunded humanitarian crises. As humanitarian needs increase, aid agencies face growing challenges in securing sufficient funding to respond at the scale required. Wassim Khmaja, Acting Chief Executive Officer of Action For Humanity, said: "Yemen remains one of the world's most severe humanitarian crises, yet it continues to receive only a fraction of the attention and funding the scale of need demands." "Families who have already endured years of conflict and hardship are once again being forced from their homes. Many have little access to food, clean water, healthcare or other essential services. The humanitarian consequences of further deterioration could be devastating." "It very much feels as though Yemen remains on the brink of a humanitarian catastrophe. Without urgent support, many vulnerable families risk being left without the assistance they need to survive." "Action For Humanity is mobilising emergency assistance across affected areas and stands ready to expand its response as needs evolve. Our teams and partners are preparing food assistance, water support, sanitation services and emergency cash assistance for families who have lost almost everything." "Yet humanitarian agencies cannot respond at the scale required without funding. Every day that passes without sufficient support means more families going hungry, more children missing out on essential services and more people being pushed deeper into crisis." Action For Humanity is calling on donors, institutions and the international community to increase support for humanitarian operations in Yemen and ensure aid agencies have the resources needed to respond rapidly to emerging needs. How the Public Can Help £60 could provide a 30-day food parcel for a family affected by the crisis. £80 could provide essential non-food items for a displaced family, helping them meet their basic needs during displacement. £150 could provide emergency cash assistance for one month, helping a family cover essential costs such as food, rent and medicine. Donations will help Action For Humanity provide food, clean water, sanitation support, emergency assistance and longer-term support for vulnerable children affected by the crisis. Families in Yemen have endured years of conflict and hardship. Today, thousands face the uncertainty of displacement once again. ENDS Notes to editor About Action For Humanity Action For Humanity is an international humanitarian and development charity working in crisis-affected communities around the world. In Yemen, Action For Humanity delivers life-saving and long-term support to vulnerable communities through integrated humanitarian programmes. Our work in Yemen includes: Emergency healthcare through fixed and mobile health facilities. Nutrition support for malnourished children and vulnerable mothers. Child protection and sponsorship programmes supporting at-risk children and orphans. Cash assistance helping vulnerable families meet their most urgent needs with dignity. Shelter and housing support for displaced and crisis-affected households. Livelihoods and early recovery programmes helping families rebuild incomes and resilience. Water, sanitation and hygiene interventions to improve public health and reduce disease risks. Rapid emergency response to populations affected by conflict, displacement and other humanitarian shocks. Action For Humanity's teams, including medical staff, field teams and support personnel, continue to operate across Yemen, providing critical assistance to communities facing severe humanitarian needs. Yemen humanitarian situation at a glance More than 22 million people in Yemen require humanitarian assistance and protection services. 18.3 million people face acute food insecurity. More than 2.2 million children under five are acutely malnourished. The 2026 Yemen Humanitarian Response Plan is only 19.4% funded , leaving an unmet funding gap of approximately US$1.74 billion . [fts.unocha.org] , [unocha.org] For media enquiries, interviews, comment requests and broadcast appearances, please contact: Email: charles.lawley@actionforhumanity.org Mobile: +44 7535 415 060 Website: www.actionforhumanity.org Spokespeople from Action For Humanity in Yemen are available for interviews on: The humanitarian situation in Yemen - Humanitarian access and aid delivery challenges - Food insecurity and malnutrition - The impact of funding shortfalls on vulnerable communities - Action For Humanity's response operations in Yemen and across the region.

ReliefWebReliefWebAction for Humanity22 Sept
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UNSC Press Statement on escalation in Yemen and attacks against the Kingdom of Saudi Arabia

Countries: Yemen, Saudi Arabia Source: UN Office of the Special Envoy of the Secretary-General for Yemen The members of the Security Council condemned in the strongest terms continued Houthi attacks against the Kingdom of Saudi Arabia, including attacks impacting civilian and energy infrastructure, which have resulted in the injury of civilians, including women and children. The members of the Security Council recalled their press statement of 7 August 2026 (SC/16429) in which they condemned Houthi missile attacks against the Kingdom of Saudi Arabia and attacks against commercial vessels. They reiterated their condemnation of attacks and threats against commercial shipping in the Red Sea and Bab al-Mandab and stressed the importance of safeguarding the safety of commercial vessels and their crews. They further stressed the importance of acting in accordance with international law, in particular the United Nations Convention on the Law of the Sea, and of upholding navigational rights and freedoms. They demanded the Houthis immediately cease their military escalation and their attacks impacting civilians and civilian objects. They also recalled the importance of respecting international humanitarian law. The members of the Security Council stressed the importance of the full implementation of resolution 2216 (2015) and subsequent resolutions. They called for practical cooperation, including with the Government of Yemen, to prevent the Houthis from acquiring the arms and related materiel, technical assistance, training, financing and other assistance related to military activities necessary to carry out further attacks and reiterated that all Member States must adhere to their obligations in regard to the targeted arms embargo. The members of the Security Council also condemned in the strongest terms ongoing Houthi military escalation in Yemen. They expressed grave concern at reports of civilians killed and injured, at least 125,000 people displaced across Yemen since the start of September, according to the United Nations Office for the Coordination of Humanitarian Affairs, and civilian objects and infrastructure damaged as a result of Houthi attacks. They stressed that the continuation of this escalation would further exacerbate the already dire humanitarian situation in Yemen and could lead to further displacement of civilians. They reiterated the obligations of all parties to a conflict to allow and facilitate, in a manner consistent with relevant provisions of international humanitarian law, full, safe, rapid, and unhindered humanitarian access to all civilians in need, and to promote the safety and security of humanitarian, United Nations, and associated personnel. They reiterated their demand for the unconditional, safe and immediate release of detainees, including 73 United Nations personnel and personnel from national and international non-government organisations (NGOs), civil society organisations and diplomatic missions. The members of the Security Council emphasised that the Houthi military escalation in Yemen, the continued attacks against the Kingdom of Saudi Arabia, and the attacks and threats against international shipping in the Red Sea and Houthi advances in the Bab al-Mandab risk further expanding the conflict, threatening maritime security and international trade, and undermining regional and international efforts to secure peace in Yemen. The members of the Security Council expressed their solidarity with the Kingdom of Saudi Arabia in the face of attacks impacting civilians and civilian objects on its territory. They affirmed the inherent right of the Kingdom of Saudi Arabia to self-defence in accordance with international law. The members of the Security Council reiterated their support for the Government of Yemen and reaffirmed their strong commitment to the unity, sovereignty, independence and territorial integrity of Yemen. They emphasised that sustainable peace in Yemen cannot be achieved through violence, coercion, or the use of force. The members of the Security Council reiterated their support for United Nations Special Envoy Hans Grundberg in his efforts towards a negotiated, inclusive, Yemeni-led, and Yemeni-owned political settlement based on the agreed references and consistent with relevant Security Council resolutions. They called for the parties to engage constructively with UN efforts in this regard.

ReliefWebReliefWebUN Office of the Special Envoy of the Secretary-General for Yemen21 Sept

Yemen’s anti-Houthi forces launch inquest into sudden military collapse

Rout raises questions about coordination and morale as some politicians claim billions of dollars were offered to persuade forces to abandon position A bitter inquest is under way among Yemen’s anti-Houthi forces as to how what was being billed as a decisive assault on Sana’a, the Houthi-controlled capital, suddenly collapsed into a military rout. More than 15 brigades were defeated as the country’s entire west coast fell into Houthi hands. Efforts are now being made to reorganise the anti-Houthi forces representing the UN-recognised Yemeni government in order to capture the Kahbob mountains, a strategic point from which to restrict Houthi forces moving closer to the crucial Bab al-Mandab strait. Continue reading...

The GuardianThe GuardianPatrick Wintour Diplomatic editor18 Sept

Saudi crown prince seeks neighbours' backing as Houthi attacks rattle Red Sea oil routes

Saudi Crown Prince Mohammed bin Salman and Egyptian President Abdel Fattah al-Sisi called for free and secure navigation in the Red Sea during talks in Cairo on Tuesday, as the kingdom vowed to respond "firmly" to attacks by Yemen's Houthis. The two regional powers discussed the threat posed by the Iran-backed group's control over the Bab al-Mandab Strait. FRANCE 24's Emerald Maxwell has more.

France 24France 24FRANCE2415 Sept

WTI Crude Oil (1D): $106 Breakout & Textbook ABC Impulse

Title: WTI Crude Oil (1D): $106 Breakout & Textbook ABC Impulse Toward $120+ 🛢️🚀 🧠 Fundamental Overview (Geopolitical Spike & Macro Supply Shock): WTI Crude Oil (SPOT) has exploded higher, pushing past the critical $105–$106/bbl threshold to trade at its highest levels since early May. The rally is heavily backed by severe supply disruptions and escalating geopolitical tensions: Geopolitical Escalation & Supply Risk: Following renewed drone strikes in the Middle East that shut down critical infrastructure—including Saudi Arabia's East-West pipeline—and intensified maritime friction around the Bab al-Mandab strait and the Strait of Hormuz, the supply risk premium has expanded aggressively. Inflationary Spillover: As highlighted by The Kobeissi Letter, U.S. crude prices are up over +57% since July 2nd , pushing average retail gasoline prices up to $4.33/gallon . WTI is now sitting roughly 13% away from the peaks reached at the onset of the conflict, directly stoking global stagflation and interest rate worries. https://www.tradingview.com/x/KoN6vuYv/ 📊 Technical Breakdown (1D Timeframe): On the daily chart, price action is unfolding a textbook bullish ABC impulse off the multi-month ascending baseline: 1️⃣ Confirmed ABC Wave Structure & Dynamic Reclaim: After an initial impulse to the $102.45 peak (Wave A), the corrective Wave (B) bottomed within a deep retracement between the 61.8% ($91.97) and 78.6% Fibonacci levels, briefly testing the rising macro Trendline B around $75.22. From that floor, the market triggered an aggressive Wave (C) expansion that cleanly sliced through the 50-day EMA ($88.35) , the 200-day EMA ($82.22) , and descending Trendline A —a dynamic diagonal ceiling that had contained every rally attempt for months. 2️⃣ Volume Expansion: The last two daily sessions have recorded a noticeable volume spike (reaching ~86.97k ticks), proving heavy institutional participation driving this breakout rather than a low-volume liquidity squeeze. 3️⃣ MACD Convergence: The daily MACD exhibits total directional alignment with price action—printing expanding green histogram bars and an aggressive bullish crossover without showing technical overbought exhaustion yet. 4️⃣ Fibonacci Extension Targets: Target A (1.618 Fib Extension / Macro Ceiling): $119.40 – $120.00 USD (Direct confluence of the 1.618 Fib extension and the previous macro highs). Target B (2.000 Fib Extension): $129.88 USD (Full measured impulse expansion). 🎯 Conclusion & Trading Strategy: The technical structure is decisively bullish, pointing straight toward the macro resistance block at $120 USD. However, from an execution standpoint, chasing fresh long positions right here at $106.75 means entering late with unfavorable asymmetry. The optimal entries were either: Aggressive Entry: Directly in the 61.8%–78.6% Fib reversal zone ($75–$78). Conservative Confirmation: On the breakout above both EMAs and Trendline A around $83–$84 USD. At current levels, price is only about 10% away from its major macro target, while the downside exposure on a sharp mean-reversion is wide. A local pause or corrective pullback near the intermediate $109–$110 supply zone to digest gains would be healthy before attempting the final push to $120. If such a pullback occurs, watch closely for fading volume and potential oscillator divergences to gauge whether it is a continuation flag or a deeper reversal. Are you trailing profits toward $120 or looking to short the extension? Let's discuss in the comments! 👇 ⚠️ Disclaimer: This analysis is strictly for educational purposes and intended solely to intellectually enrich our trading community. It does NOT constitute financial or investment advice. Always perform your own research and manage your risk strictly.

TITradingView Ideas15 Sept