After months on the sidelines of the Iran-Iraq War, the Houthis in Yemen open a dangerous new front

The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, announced an agreement during its fourth meeting to increase crude oil supply by 188,000 barrels per day starting in September. The decision follows previous unexpected production announcements by the expanded oil cartel.

Simultaneously, Yemen's Houthi rebels have entered a new phase of conflict after remaining on the sidelines for nearly five months while their primary backer, Iran, faced severe U.S. and Israeli attacks. The Houthi intervention marks the opening of a dangerous new front in the regional hostilities as fighting resumed in recent weeks.