Yemen's Proxy War and the Design of Power The recent escalation of fighting between the Houthis and the Saudi led coalition in Yemen has sent oil prices soaring, but beneath this volatility lies a high stakes game of proxy war with far reaching implications for global politics and economics.
Iran is closely watching developments on the ground, as any gains made by the Houthis are significant enough to warrant attention from Tehran.
The geopolitics of oil production have long been a driving force in international relations, particularly through the Strait of Hormuz, a narrow waterway that carries nearly 20% of global oil supplies.