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Yemen

August 1, 2026

Sanaa 1:23 am

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This aerial photo shows a tanker unloading imported crude oil at a terminal port in Qingdao, in China's eastern Shandong province on June 25, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

China cuts deal with Houthis, adjusts for long US war with Iran

China is cutting its own deals and gaining wartime leverage as the Trump administration scrambles to contain the war and reopen Hormuz.

A trader works on the floor of the New York Stock Exchange on July 24, 2026, in New York.

Oil jumps 8% as US-Iran war pressures Saudi Arabia, explosions hit Egypt

The price of benchmark Brent crude climbed past $90 per barrel on Wednesday after a renewed round of US-Iran hostilities shattered a days-long lull in fighting and the Houthis targeted Saudi oil exports.

Latest News

Interview

Resumption in Yemen's oil exports 'possible' with security measures: VP

Deputy chairman of the Presidential Leadership Council Sultan Ali al-Aradah

A commercial vessel passes through an international shipping lane off Yemen's Hanish Island in the Red Sea on July 27, 2026.

Explainer

Tankers keep sailing Red Sea despite Houthi threats as Saudi oil lifeline faces strains

Roughly a dozen oil tankers were sailing in the vicinity of the Bab el-Mandeb Strait as of Tuesday evening, following an uptick in traffic the day before as shippers bet on new US-Iran diplomacy.

AMIRHOSSEIN KHORGOOEI / ISNA / AFP via Getty Images

Oil falls 9.5% in steepest drop in months as Iran, US pause attacks

Iran says it is still in control of the Strait of Hormuz and not seeking to resume peace talks with the United States after President Donald Trump halted a two-week bombing campaign.

Mohammed HUWAIS / AFP via Getty Images

Dozens killed in Yemen clashes as Houthis escalate threats against Saudi Arabia

Sporadic clashes between Yemeni government forces and Houthi rebels have intensified with the US-Iran escalation in the region.

A vessel transits the Suez Canal toward the Red Sea amid Houthi attacks on shipping, Nov. 3, 2024.

Oil tops $100 for first time since May after Houthi tanker strikes, Trump threats

The Iran-backed rebels said they had targeted two Saudi tankers, the Encelia and the Layla.

A pickup truck carrying a turret is pictured as fighters supporting the Aden-based and internationally recognized Yemeni government gather along the Red Sea shore in Khokha, in Yemen's western Hodeidah province on July 20, 2026.

Houthis warn shipping firms to avoid Saudi ports or face attack: What to know

The Houthi militia reportedly emailed multiple shipping companies on Tuesday, warning them of the consequences of visiting Saudi ports.

Supporters of the Iran-backed Houthi movement brandish their weapons as they rally in solidarity with Iran and Lebanon in Sanaa on April 10, 2026.

Yemen's Houthis raise Red Sea stakes for Trump

With President Donald Trump ratcheting up his threats, will Iran play its Houthi card?

Analysis

'The word belongs to the battlefield': Why Iran, US are drifting back to conflict

Iran no longer seeks a return to the prewar status quo, insisting that any future negotiations begin with the new regional balance created by the conflict rather than seek to restore the old one.

Ali Hashem

In Doha, reporting on Iran, regional politics, conflict