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GUSD
3.8%
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The war between Saudi Arabia and Yemeni Houthis is intensifying
Last night, Saudi Arabia attacked the port of Hodeidah in Yemen in response to attempts by the Yemeni Houthis to impose a naval blockade on Saudi ships in the Bab-el-Mandeb strait.
The Houthis did not keep anyone waiting and launched a massive strike on facilities of the Saudi Aramco company in the area around the cities of Jeddah and Jizan. As a result of the strikes, large-scale fires broke out at the sites.