The United States and Houthi representatives have initiated discussions in Oman amid escalating tensions in the Middle East. These talks come as Saudi Arabia faces major disruptions to its oil exports following drone attacks on its East-West pipeline. This pipeline, crucial for bypassing the Strait of Hormuz, represents approximately 4 percent of global oil supply. The dialogue occurs against a backdrop of broader confrontation between the United States and Iran, whose Houthis are aligned with. Observers are monitoring for official announcements regarding the progress of these negotiations and their potential impact on oil markets.
Source: Read the original article
