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Opinion: The Saudi Oil Price War Is Backfiring

Green Car Congress

Thanks to its generous public spending and a costly war against Yemen, one of the major worries for Saudi Arabia is that it is burning through its foreign reserves at an alarming pace. He is author of “Oil—Past, present, future—An Indian Perspective”. Source: [link].

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Tesla shutting down Berlin factory for 2 weeks due to Red Sea shipping attacks

Baua Electric

To reach the Red Sea, ships must travel through the Gulf of Aden and the Bab al-Mandeb Strait off the coast of Yemen. But Yemen, one of the world’s poorest countries, has been going through a civil war for a decade now, with the Saudi- and US-backed Yemeni government fighting against an Iran-backed group called the Houthis.

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ONR developing offensive autonomous swarming capability for unmanned surface vehicles; adapting JPL’s CARACaS

Green Car Congress

In the future, the capability could scale to include even greater numbers of USVs and even to other platforms, including unmanned aerial vehicles (UAVs). The swarm demo announcement comes near the anniversary of the terrorist attack on USS Cole (DDG-67) off the coast of Yemen.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq). ISIS, Al Qaeda, and disaffected Shias present a significant domestic security threat.