There are serious concerns about the expansion of the war in Gaza, despite all efforts to prevent it.
This comes as the Houthis continue their attacks against commercial ships in the Red Sea and Bab El-Mandab strait.
The following note provides an overview of the following key aspects:
- Saudi efforts to secure the Red Sea region
- The position of Saudi Minister of Energy Prince Abdulaziz Bin Salman
- The impact of closing the Bab El-Mandab on OPEC+ and oil markets
- Saudi Aramco’s precautionary measures
It also sheds light on the Saudi criticism of the U.S.-EU efforts regarding the Gaza War.