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Shia Islamist organization in Yemen
The Houthis, officially known as Ansar Allah or Ansarullah, are a Zaydi revivalist and Shia Islamist political and paramilitary organization that emerged from Yemen in the 1990s. It is predominantly made up of Zaydis, whose namesake leadership is drawn largely from the al-Houthi family. The Houthis are backed by Iran, and they are widely considered part of the Iranian-led Axis of Resistance.
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Saudi Arabian state-owned petroleum and oil-trade company
Saudi Aramco, officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company, and the national oil company of Saudi Arabia. As of 2024, it is the fourth-largest company in the world by revenue and is headquartered in Dhahran. Saudi Aramco has both the world's largest proven crude oil reserves, at more than 270 billion barrels, and largest daily oil production of all oil-producing companies.
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OPEC+ holds November output targets steady as Gulf exports remain disrupted, while Brent rises on concerns over Saudi Aramco production
International oil prices rose after Yemen's Iran-aligned Houthi rebels said they had attacked facilities operated by Saudi Aramco, the kingdom's state
Global oil prices rose after Yemen’s Houthis claimed they had attacked Saudi Aramco facilities in Riyadh and the Khurais area with ballistic missiles and drones.