Houthis Deny Losing Ground in Yemen; Oil Eases — SkimNews
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- Houthis denied losing ground in Yemen despite fierce fighting, pushing back against reports of territorial losses and framing the clashes as ongoing resistance.
- Oil prices eased even as the Yemen clashes intensified, with the market apparently decoupling from the on-the-ground escalation reported by Yemeni government-aligned forces.
Why it matters: The Houthi denial directly contradicts visual reports of Yemeni government fighters driving over Houthi opponents, creating a factual dispute over who controls contested territory. Oil prices easing despite the fighting shows markets are not currently pricing in a supply disruption from this Yemen round.
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