US President Donald Trump says was ready to strike Houthis in Yemen, then pulled back
US President Donald Trump reversed himself twice on whether the United States (US) should strike the Houthis in Yemen, according to the New York Times.
The source said Trump told advisers he did not favor strikes on the Houthis, but then Saudi Crown Prince Mohammed bin Salman personally pressed Trump to launch American airstrikes against the Iran-backed Houthi movement in Yemen. Following the call, Trump had briefly ordered the Pentagon to prepare for military action before reversing course days later.
The pressure has risen after the Houthis fired a ballistic missile at Riyadh, which Saudi forces intercepted, and claimed attacks on sensitive sites in the capital.
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is down 1.74% on the day at $93.60.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ZAMA gains traction as 24h trading volume surges
Global economy risks fragmentation! Australia bets on AI as a new growth engine
In a potentially more fragmented and unpredictable global economy over the next 40 years, Australia relies on the deployment and development of artificial intelligence (AI) to drive economic growth.
