Saudi Arabia’s Houthi Challenge Shifts Fears to Non-Oil Economy
AI Summary
Saudi Arabia's oil exports have continued despite concerns linked to the Iran war, but Houthi attacks and emerging disruptions are raising fears for the kingdom's broader economy. The focus of concern is shifting toward non-oil businesses and economic activity.
Saudi Arabia’s oil industry managed to ride out concerns in the early days of the Iran war and keep exports flowing. Now, with the Houthis staging deadly attacks on the kingdom and signs of disruption stacking up, the worry has shifted to the rest of the economy.