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Oil prices climbed on Monday after Yemen's Houthis said they had fired missiles at Israel, opening a new front in the U.S.- and Israeli-led conflict with Iran....
Fighting Breaks Out On Saudi Border In Oil-Rich Yemen Region
Yemen continues to be a major headache and security risk for the Saudis, and rare fighting has emerged just on the kingdom's border. Looming over the crisis is the deepening rift between Gulf Cooperation Council (GCC) members Saudi Arabia and the United Arab Emirates.
Saudi warplanes carried out fresh airstrikes on sites near the Saudi-Yemeni border in Yemen's Hadramout province on Friday, as clashes erupted between forces loyal to the Saudi-backed provincial governor and fighters affiliated with the separatist Southern Transitional Council (STC).
UAE-backed southern Yemeni separatist forces, via Reuters.
The STC has for years called the secession of a proposed federal "State of South Arabia" from the rest of the country, and is backed in this current conflict by the UAE.
At lease seven air raids along the border occurred Friday, according to local officials. The STC's leader in Wadi Hadramout, Mohammed Abdulmalik, has s...