True Left

The East-West pipeline was meant to keep Saudi oil flowing when the Strait of Hormuz became impassable. Now that route has also been hit, while the Houthi advance near the Bab el-Mandeb Strait is putting Saudi Arabia's export options under new pressure.

Chapters:
00:00 Intro
00:25 East-West pipeline and Bab el-Mandeb Strait explained
01:38 How serious is the pipeline shutdown?
02:46 Oil prices and export bottlenecks
05:12 What does this mean for consumers?
07:25 Why are markets reacting now?
09:30 Has the Iran war gone regional?
11:01 Iran's strategy and Houthi leverage
15:16 Are the Houthis an Iranian proxy?
16:42 Trump rejects Saudi request to strike Houthis
19:20 What security options does Saudi Arabia have?