Recent violent clashes between the Saudi-led coalition and Yemen’s Houthis are raising economic concerns globally, according to the International Monetary Fund. Missile strikes targeting airports and energy facilities throughout the kingdom of Saudi Arabia have intensified the conflict. The IMF chief cautioned that these attacks could trigger negative economic repercussions “everywhere,” hinting at potential disruptions to global markets. The attacks specifically aimed at energy infrastructure raise fears of supply issues and price increases. While the immediate impact is felt in Saudi Arabia, the IMF suggests the broader region, and potentially the world, could experience economic headwinds. The situation remains volatile as fighting continues in Yemen.

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