Yemen’s new offensive against the Houthis could affect households through energy prices, shipping costs and market volatility tied to the Red Sea.
Yemen’s mobilization call comes as Houthi advances threaten key waterways, oil exports and energy costs that can hit household budgets.
Saudi Arabia said it intercepted a Houthi missile aimed at Riyadh, adding pressure to oil routes that affect fuel prices and consumer costs.
A prolonged Saudi pipeline shutdown could tighten oil supplies, raising risks for fuel prices, household budgets, currencies and investors.
Russia is expected to attend G20 energy talks in Houston as energy security risks continue to shape fuel costs, inflation and investor sentiment.
Houthi gains near Bab el-Mandeb raise the risk of higher oil prices, shipping costs and market volatility for households and investors.