SAUDI ARABIA: GROWING SECURITY RISKS TO MARITIME AND OIL ASSETS ARISING FROM YEMEN

   Wed, 20 January 2021

A renewed campaign of asymmetric attacks by Yemen’s Houthi movement since late 2020 is aimed at pushing Saudi Arabia to consider concessions in eventual negotiations, and to increase Iran’s leverage over regional shipping and oil supplies. The risk of attack on marine and oil infrastructure will continue to rise in the six-month outlook with notable implications for insurance premiums.