Description:
The Houthis are advancing in Yemen and Saudi Arabia is facing its most dangerous crisis in a century. With Taiz reportedly encircled, MBS pleading for ground troops that Turkey, Pakistan and Syria will not send, and Trump still undecided on a new Iran operation, they argue the real Middle East flashpoint is no longer Iran or Hormuz but the stability of the Saudi kingdom itself. Can diplomacy with the US, Russia and China save MBS, or did his bet on Trump over BRICS cost him everything?
Timeline:
00:00:00 Iran, Yemen and reports of a new US operation
00:00:48 Hormuz tightens and the drift to confrontation
00:02:58 Yemen is the real crisis as Houthis advance
00:03:58 MBS needs boots on the ground
00:04:56 Taiz cauldron and the threat to Saudi stability
00:06:13 Would the US be forced to intervene
00:09:11 No diplomacy and an absent Rubio
00:10:47 How MBS failed to hedge
00:14:26 Can a deal with the Houthis save Saudi Arabia
00:15:53 Economic pressure on Iran and US bond yields