US

The war against Iran by the US and Israel is unleashing chaos across the region. Since the launch of the joint military offensive in the early hours of February 28, Iran’s death toll has reached the thousands, and its Supreme Leader, Ayatollah Ali Khamenei, has been killed. Tehran’s retaliation continues to widen, with missiles and drones being fired at Israel,…

It took the Houthis less than three days to announce their military and political support for Gaza in the wake of the events of October 7, 2023. By October 19, they had fired their first missile toward Israel. Just one month later, they hijacked the Galaxy Leader ship and launched their campaign to disrupt shipping in the Red Sea. This…

On February 28, the US and Israel began a massive air offensive against Iran, targeting its leadership, command and control, and intelligence sites across the country. On March 1, Iranian media confirmed that Supreme Leader Ayatollah Ali Khamenei had been killed, by which point airstrikes had expanded to military targets and nuclear facilities, and Tehran had begun to retaliate, firing…

The war has fundamentally altered Yemen’s trade finance system, transforming it from a reliable, unified, bank-led mechanism into several divergent, conflicting structures that have made import financing cumbersome, costly, and unstable. The conflict has led to the suspension of oil and gas exports — the country’s primary source of revenue and foreign currency — and resulted in the division of…

Recent developments in Yemen have broken years of stagnation, bringing the country into an explosive new era. The Southern Transitional Council’s (STC) initial expansion into the eastern governorates, and its subsequent loss of territory and dissolution under Saudi pressure, have revealed the fragility of the Gulf powers’ “containment” approach to Yemen. This strategy, which has traditionally relied on sharing influence…

Tensions between Saudi Arabia and the United Arab Emirates predate the recent confrontation in Hadramawt, stemming from a deeper rift that was already apparent at the start of the coalition’s campaign in Yemen. From the outset, the two powers pursued distinct goals, influenced by broader economic ambitions and long-standing strategic competition that extended well beyond Yemen’s borders. The friction between…

— Testament of a local resident who witnessed the US raid on Yakla, Al-Bayda, in 2017. With its central location bordering eight other governorates, Al Bayda is considered one of Yemen's most important regions. It was on the frontline between North and South Yemen prior to unification in 1990. Its predominantly Shafi’i (Sunni) population had a history of conflict with…

Yemen’s economy remains under severe strain, with its real GDP projected to decline by 1.5 percent in 2025. According to the World Food Programme (WFP), 61 percent of surveyed households in the country struggled to meet their minimum food needs in November. Of this group, 35 percent were facing severe food insecurity. Inadequate food consumption affected 63 percent of households…

Political tensions in Hadramawt intensified over the course of the fall, as the rivalry between the Southern Transitional Council (STC), backed by the UAE, and the Hadramawt Tribal Alliance (HTA), led by Amr bin Habrish, escalated into crisis. At the end of November, public statements by STC figures framed the council as the only legitimate representative of southern political aspirations…

The UAE-backed Southern Transitional Council (STC)’s lightning push into Hadramawt and Al-Mahra in early December marked one of the most abrupt and consequential shifts in Yemen’s security landscape in recent decades. Within weeks, STC-affiliated forces surged into the eastern governorates, were rapidly pushed back, and were ultimately forced to retreat to Aden and then cede control of the interim capital.…