YEMEN

Yemen Crisis Claims More IOC Casualties

Further volumes were shaved off Yemen’s already dwindling oil output this week, as two of the biggest foreign oil companies operating in the country significantly scaled back their activities, in response to the deteriorating security situation in the country.

Saudi-led coalition airstrikes have now been targeting Shi’a Houthi targets across Yemen’s western provinces for eight days straight after Yemeni President ‘Abd...