💨 Abstract

The United Arab Emirates expressed deep concern over escalating tensions in Yemen, where Saudi-backed forces have retaken areas seized by UAE-backed southern separatists. This conflict has fractured the coalition fighting the Houthi movement and exposed a rift between Saudi Arabia and the UAE. The Southern Transitional Council (STC) announced plans for a referendum on independence in two years. Yemen's strategic location and the ongoing feud between Gulf powers could impact regional stability and OPEC decisions.

Courtesy: theprint.in