The Arab coalition, led bySaudi Arabia, announced the end of aerial bombing in Yemen against the Shiite Houthi rebels. This was announced by Saudi general Ahmad Asiri, spokesman for the coalition, explaining that the operation called 'Decisive Storm' has achieved its objective of rendering the rebels harmless to neighboring countries.
One of the first effects of the announcement of the halt to bombing in Yemen was the drop in the price of crude oil. At 10,30 this morning the price of Brent it is attested around $ 61,50, down by almost one percentage point. Another direct effect of the news related to the halt of aerial bombing in Yemen is the decline in oil this morning in Piazza Affari. Eni loses 0,71%, Saipem drops by 1,83%. Also the title of Tenaris (-0,55%).
Meanwhile, the news of the halt to Saudi raids in Yemen has been welcomed by theIran, which supports the Shia Houthi. Iranian Foreign Minister Mohammad Javad Zarif has launched an appeal to provide humanitarian assistance in Yemen and called for negotiations and the formation of a new government. A little while ago Barack Obama also intervened on the Yemeni question, warning Iran to stop sending weapons to Shiite rebels.
