The Houthis struck two airports in Saudi Arabia in the past two days, killing three people and injuring dozens as the Iran-backed militant group intensifies its attacks on the kingdom from Yemen.

Today's trade flows resemble a windy waterpark slide more than the traditional waterway superhighway. The three-dimensional chess game being played by ocean carriers and tankers has delivered big bucks in day rates, container rates, and surcharges. But there is a group of winners not currently being highlighted.

The blasts came as Yemen's Iran-backed Houthis have targeted the kingdom's infrastructure, though there was no word on what had caused the explosions.

The blasts came as Yemen's Iran-backed Houthis have targeted the kingdom's infrastructure, though there was no word on what had caused the explosions.

The Middle East has seen many explosions of violence in recent years. But while the US-Iran war has grabbed the headlines this year, the rapidly escalating conflict between the Houthis and Yemen’s internationally recognized government and Saudi Arabia risks becoming just as consequential for the region. The complexity of Yemen’s internal conflict cannot be underestimated. […]

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Yemen's Houthis attacked Aden's international airport with ballistic missiles and explosive-laden drones on Wednesday, the country's Transport Ministry said, as fighting between the Iran-aligned group and Saudi-backed government forces intensified.

Yemen is spiraling back toward full-scale war after its Saudi-backed government launched a major offensive on Sunday to retake territory captured by the Iran-backed group Ansar Allah, also known as the Houthis. President Rashad al-Alimi said the armed forces would seek to retake all Houthi-controlled territory, which is home to about 70% of Yemen’s population, […]

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