Amid the ongoing Iran conflict, a new war has erupted between two Muslim nations in the Middle East — Saudi Arabia and Yemen. Houthi militants, backed by Iran, launched drone and aerial attacks targeting Saudi Arabia's key oil facilities and pipelines, as well as attempting to strike Mecca. Saudi Arabia's air defenses intercepted and shot down several drones, with visuals going viral on social media. Yemen has been embroiled in a civil war since 2014 between Houthi rebels and the internationally recognized government. Following these attacks, global crude oil prices have surged to $103 per barrel, with fears it could cross $110. This escalation is expected to impact all oil-importing nations, including India, which depends on imports for nearly 80% of its oil needs. Correspondent Shashishekar provides further details on the worsening conflict and its global economic implications.
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