Saudi Arabia and Yemen are currently engaged in a war of attrition. The war is affecting Asia. Oil prices will continue to fall for several years
There will be almost no difference in the sky. Saudi Arabia and Yemen have seas close to them, which can put their ships in danger. And if the Houthis choose to mine the sea, the whole of Asia will be in danger. However, if Saudi Arabia, Yemen, Iran and Pakistan negotiate, it is possible to stop that war.
It was also reported that oil prices rose by about 0.39%. However, people can suffer. However, if the war continues in this way, it is believed that within a few months it will be more than 5%.
Traders in the local market have increased the price of other commodities along with the price of oil. If the price of oil increases, then the government’s tax + traders will benefit. And in the local market, the price of oil will gradually increase with its transportation costs, including more costs.
Oil is essential for humans. So it should be resolved as soon as possible.
The only way to reduce oil prices is to eliminate the Houthis. Or stop the war. Peace is the only way.
